$1,200,000 $6,442 est/mo Sourced by Back At You

1759 W 21st Street,Chicago, IL 60608

Chicago IL, 60608

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Description

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%.

Details

MLS#11974159
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1884
Days On Site112
Listing Provided ByKiser Group Realty Inc | John George

Features

Story(s)3
Units7

Market Activity 60608

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60608
AreaCHI Lower West Side
Listing VS Median (in 60608)
Price:
$1,200,000
low | high
Med:
$365,000
100% of Average
On Site:
112
low | high
Med:
60
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1752 W 18th Pl Property Photo 1
$0
1752 W 18th Pl
Chicago, IL 60608
Listing Updated: May 21, 2024 at 7:29:25 PM PDT