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  • $675,000

    2223 W Taylor St, Chicago, IL 60612

    6beds
    --sqft
    Multi Family
    Built in 1889
    -- sqft lot
    $675,400 Zestimate®
    $--/sqft
    $2,924 Estimated rent

    Home value

    $675,400

    $615,000 - $743,000

    $2,924/mo

    Zestimate® history
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    $2,924/mo

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    $4,747/mo

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    What's special

    Fully gut-rehabbed in 2024/2025, this turnkey multi-unit opportunity in the heart of the rapidly expanding Illinois Medical District delivers the perfect blend of modern updates and strong income potential. Each spacious unit features 3 bedrooms and 1 bathroom, thoughtfully updated with today's finishes and equipped with in-unit washer and dryer for ultimate tenant convenience. The property boasts a strong rental history and major recent capital improvements, including a completely redone parking area offering up to six parking spaces - a rare and valuable additional income stream in this high-demand location. Ideal for both seasoned investors and savvy house hackers, the flexible layout offers the opportunity to live in one unit while generating income from the others, or fully lease the building for strong cash flow. The full basement presents exciting value-add potential and is ready for your ideas. Located within the Illinois Medical District, the property may offer unique zoning opportunities, including the potential to add an additional unit in the basement (buyer to verify). Ideally positioned in one of Chicago's hottest and fastest-growing neighborhoods, this is a prime opportunity to capitalize on the continued expansion of the IMD, nearby West Loop growth, and strong rental demand.

    Zillow last checked:

    Listing courtesy of:

    Josh Reighard 801-865-9047,

    Baird & Warner

    Bought with:

    Christopher Johnson

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12543714MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 6
    • Parking features: Unassigned, Yes, Owned
    Lot
    • Size: 3,950 sqft
    • Dimensions: 3,950 SQ. FT. (25.5 X 155)
    Details
    • Parcel number: 17183290140000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1889

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/22/2026Sold$675,000+62.7%
    Source: MRED as distributed by MLS GRID #12543714 Report a problem
    11/9/2023Sold$415,000
    Source: MRED as distributed by MLS GRID #11823404 Report a problem
    9/5/2023Contingent$415,000
    Source: MRED as distributed by MLS GRID #11823404 Report a problem
    8/11/2023Listed for sale$415,000
    Source: MRED as distributed by MLS GRID #11823404 Report a problem
    8/1/2023Contingent$415,000
    Source: MRED as distributed by MLS GRID #11823404 Report a problem
    7/5/2023Listed for sale$415,000
    Source: MRED as distributed by MLS GRID #11823404 Report a problem
    9/25/2020Listing removed$1,400
    Source: Tri-Taylor Realty Report a problem
    9/18/2020Listed for rent$1,400
    Source: Tri-Taylor Realty Report a problem
    9/4/2019Listing removed$1,400
    Source: Tri-Taylor Realty Report a problem
    8/5/2019Listed for rent$1,400
    Source: Tri-Taylor Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $53,000 -5.4%
    2023$11,856 +2.6%$56,000
    2022$11,557 +99.7%$56,000
    2021$5,789 -3.1%$56,000 +31.1%
    2020$5,974 -29.2%$42,730 -11%
    2019$8,434 +43.8%$48,012
    2018$5,866 -6.6%$48,012 +7.6%
    2017$6,282 -29.7%$44,631
    2016$8,939 +41.3%$44,631
    2015$6,328 +0.9%$44,631 +16.8%
    2014$6,274 -18.7%$38,218 -10%
    2013$7,719 +1.4%$42,441
    2012$7,616 -19.6%$42,441 -27.4%
    2011$9,469 -0.4%$58,434
    2010$9,509 +4.4%$58,434
    2009$9,112 +39.7%$58,434 +28.6%
    2008$6,520 +1%$45,453
    2007$6,455 -1.1%$45,453
    2006$6,525 +15.8%$45,453 +31.9%
    2005$5,632 +1%$34,470
    2004$5,576 +2.2%$34,470
    2003$5,454 +45.1%$34,470 +64.7%
    2002$3,760 -11.4%$20,927
    2001$4,243 +4.6%$20,927 -14.6%
    2000$4,057 -0.7%$24,504 +16%
    1999$4,084 $21,117

    Find assessor info on the county website

    Neighborhood: Illinois Medical District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $675,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $675,400