2223 West Taylor Street

Chicago IL 60612

Multi-Family

Last sold for $675,000

Josh Reighard, last sold this property on 22 June 2026 after -3 days on market.

Overview

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.

Features

6 bedrooms

2 bathrooms

6 carspaces

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 2223 West Taylor Street is $535k.

Median value

$535k

Estimated value range

$212.5k - $800k

Median days on market

Estimated value trend

13%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2223 West Taylor Street

2026

Sold

$675,000

22 Jun 2026 by Josh Reighard, of Baird & Warner

2023

Sold

$415,000

09 Nov 2023 by Peter Faehnrich, of Charles Rutenberg Realty

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.