Basic Information

  • MLS # 11974220
  • Type Multifamily
  • Status Active
  • Subdivision/Complex CHI - Lower West SideChicago
  • Year Built 1884
  • Total Sqft N/A
  • Date Listed 02/05/2024
  • Days on Market 103
Description

1801 W. 21st St, a five 5 unit building in Chicagos historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicagos most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via pubic transportation to Chicagos Downtown. 1759 W. 21st is comprised of four 4 2Bd1Ba and one 1 3Bd1Ba units. Highlights include modern finishes with wood flooring, along with updated mechanical systems. Included in the unit mix is an incredibly spacious, unattached Coach House in the rear of the building, with ample opportunity to raise rental income. 1759 W. 21st presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a cap rate over 8 and a cash return of 9.18.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description
  • Style Other

Interior Features

  • Adjusted Sqft N/A
  • Sqft N/A

Property Features

  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex 1801 21st
  • Subdivision Info CHI - Lower West SideChicago
  • Tax Amount $15,838
  • Tax Year 2022
  • Type of Property Multi Family 5

1801 W 21st St

Chicago, IL 60608

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