1754 W 21st Pl - Apartments FOR SALE


Chicago, IL 60608- South Chicago
$850,000 USD
630-640-1001
1754 W 21st Pl, Chicago, IL for Sale
$850,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1754 W 21st Pl
Chicago, IL 60608
South Chicago


HIGHLIGHTS

  • Renovated 3-flat building with modern updates
  • Spacious 4-bed/2-bath duplex unit | In-unit laundry and dishwashers for convenience
  • High ceilings for an airy, open feel
  • Below Market Rents | Gated parking in the rear for added security
  • Short walk to CTA Pink Line for easy transit
  • Option to live in one unit and have rental income opportunity

OVERVIEW

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 and common outdoor space, 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.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

3

PRICE/UNIT

$283,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1879

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RT-4

APN/PARCEL ID

17-19-424-024-0000

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.