1759 W 21st Street
Chicago, IL, 60608
$1,200,000
Beds
0 Baths
SqFt
0 Acres
Add
Add
$1,200,000
1759 W 21st Street
Chicago, IL, 60608
 img 0 img 1 img 2 img 3 img 4 img 5 img 6 img 7 img 8 img 9
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
Net Operating Income
$72,000
Tax Year
2022
Taxes
$16,218
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

1759 W 21st Street
Chicago, IL