Contacts

Paul Cawthon

SVN | Chicago Commercial

Property Details

Property Type Multi-Family
Property Size 4,800 SF
Units 3
Lot Size 0.07 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 2
Property Tenancy Multi-Tenant
Year Renovated 2018
Date Updated Nov 26, 2024

Discover the vibrant potential of this exciting Chicago neighborhood! Situated in the heart of Chicago, this area offers proximity to Pilsen's trendy art scene, renowned dining experiences, and excellent public transportation options. The property is a stone's throw away from the National Museum of Mexican Art and Thalia Hall, providing an array of cultural and entertainment opportunities for future tenants. Surrounded by community parks and a variety of local businesses, the location offers the perfect fusion of urban energy and neighborhood charm. With its strategic positioning and the area's growing appeal, the property presents an enticing opportunity for a Multifamily/Low-Rise/Garden investor seeking to capitalize on Chicago's thriving market.Introducing a prime investment opportunity in Chicago's thriving market! This renovated 3-flat low-rise presents the ideal blend of modern convenience and urban comfort. With a spacious 4-bed/2-bath duplex layout, high ceilings, in-unit laundry, and dishwashers, each unit offers a premium living experience. The property's close proximity to the CTA Pink Line ensures convenient citywide access for residents. Boasting gated parking in the rear, this well-maintained building provides security and convenience. Renovated in 2018 and zoned RT-4, this 4,800 SF property exemplifies the potential for a multifamily/low-rise/garden investor seeking a standout opportunity in Chicago's dynamic real estate landscape. Fantastic opportunity for owner-occupant looking for rental income to assist with mortgage. Current rents are way below market allowing for new ownership to add value upon lease renewal.

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Highlights

Renovated 3-flat building with modern updates
Spacious 4-bed/2-bath duplex units
High ceilings for an airy, open feel
Below Market Rents
In-unit laundry and dishwashers for convenience
Short walk to CTA Pink Line for easy transit
Parking in rear
Qualifies for 30-year mortgage for financing options
Option to live in one unit and have rental income opportunity

Attachments

1754 W 21st Place | Sales Offering | 9/24 (PDF) opens in new window

Getting around

91/100
Walk Score ®
66/100
Transit Score ®
84/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Heart of Chicago
Zip Code 60608
Market Chicago

Points of Interest

Ashland

1.01 miles
Halsted

1.25 miles
Halsted Street

1.30 miles
Kedzie

1.80 miles
UIC-Halsted (Morgan Street)

1.82 miles
UIC-Halsted (Peoria Street)

1.88 miles
UIC-Halsted (Halsted Street)

1.95 miles
Uber Tent

1.97 miles
Clinton

2.17 miles
Central Park

2.28 miles

BP

0.22 miles
Midwest

0.34 miles
Shell

0.46 miles
Costco Gasoline

0.71 miles
EVgo

0.84 miles
Marathon

0.91 miles
Mobil

0.95 miles
Power Gas

1.32 miles
Blink

1.52 miles
eVgo

1.52 miles

Lot M

0.88 miles
Lot F4

0.99 miles
Wood Street Parking Structure (WSPS)

1.02 miles
Lot B4

1.02 miles
Lot C4

1.03 miles
Lot H

1.07 miles
Lot K

1.08 miles
Lot A4

1.09 miles
Lot W5

1.11 miles
Lot A3

1.14 miles

Benedictine Bed and Breakfast

1.41 miles
Hyatt House Chicago - Medical / University District

1.42 miles
Hyatt Place Chicago - Medical / University District

1.42 miles
Courtyard by Marriott Chicago at Medical District / UIC

1.44 miles
The Polo Inn

1.69 miles
Hotel Chicago West Loop

1.71 miles
Jaslin Hotel

1.87 miles
SpringHill Suites Chicago Chinatown

2.03 miles
Sonder Greektown

2.05 miles
Chicago Parthenon Hostel

2.05 miles

ALDI

0.12 miles
La Providencia

0.13 miles
Cermak Fresh Market

0.14 miles
Supermercado El Güero #8

0.44 miles
La Casa del Pueblo

0.53 miles
Workshop Apothecary

0.76 miles
Fairplay Foods

0.84 miles
Jewel-Osco

0.88 miles
Pete's Market

0.96 miles
Target

1.23 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.