$1,200,000
1759 W 21st Street
Chicago, IL, 60608
1759 W. 21st St is a seven (7) unit building in Chicago’s historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicago’s most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via public transportation to Chicago’s Downtown. 1759 W. 21st is conveniently comprised of two (2) 1Bd/1Ba, four (4) 2Bd/1Ba, and one (1) 3Bd/1Ba units. Highlights include modern finishes with LVP flooring, along with updated mechanical systems. Plus, each unit has its own furnace and hot water tank, furthermore adding to a potential new owner’s net operating income stream. 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 10.49%.
Property Details
Price:
$1,200,000
MLS #:
MRD11974159
Status:
Active
Beds:
0
Baths:
0
Address:
1759 W 21st Street
Type:
Commercial
City:
Chicago
Listed Date:
Feb 5, 2024
State:
IL
ZIP:
60608
Year Built:
1884
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
0Net Sale Price
Tax Year
2022
Taxes
$16,218
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Kiser Group Realty Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
1759 W 21st Street
Chicago, IL
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