2224 W 21st Street

Chicago, Illinois 60608

Kathy Jensen

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Property Type
Multiple Unit (2-4)
Community Area
Lower West Side

OPPORTUNITY ALERT!!! Solid GREYSTONE 3Flat in Coveted Historic #PILSEN Heart of Chicago Corridor! This Property has been in the family over a lifetime. Competitive priced Estate Sale will yield an AVG After Repair Fair Market Value of $850K. Build sweat equity and improve over time or flip now! Market times in the area are averaging 48 days. All units need updating, however, the first floor tenant is paying $875/mo on a MTM contract. The AVG Market Rent for a 3 bed "as is" property is $950/mo ($32,400/annual income). The Average Market rents for 3 bedroom rehabbed apartments are $1,900-$2,200/mo. That's an estimated $68,400 in annual rental income. These spacious units are currently a variation of 3-4bed/1bath floor plans with separate dining rooms, eat-in kitchens, hardwood floors and tall ceilings on all three levels. Basement ground is broken. A dig out was started but not completed. Charming Decorative Vintage Fire Places in some of the units. Extra Wide 2-Car Flat Roof Brick Garage is ready for a Large deck! Loads of potential. Buy & Flip or Buy, Improve and rent out! Property is being sold "as is." Located walking distance to the "Little Tuscany" dining district, Western & Damen Pink L-Train stops. Enjoy Easy Access to the Medical District, I-290/55, Mariano's, Target, Costco, downtown and all the arts, culture and fun vibes that Pilsen has to offer, from dining to shopping! See 3D tour for more information.

Full Features
Architecture Style: Greystone
Exterior Type: Brick,Stone,Combination
Basement: Unfinished
Beds Above Grade: 11
Heating System: Space Heater/s
Pool: No
Age: 100+ Years
Parking Type: Garage
Parking Spaces: 2
Roof Type: Flat Roof
Room Count: 20
Water Front: No
Square Feet: N/A
Tax Amount: $0
Tax Year: 2019

Taxes & Assessments
Taxes: $0

Listing information updated 1/22/2021 at 1:03pm

Listing Office: MPower Residential Brokerage LLC

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Lower West Side

Neighborhoods: Pilsen, Heart of Chicago, East Pilsen

Situated just three miles southwest of The Loop, The Lower West Side has evolved as a diverse hub with neighborhoods such as Pilsen and Heart of Chicago. In Pilsen, bold murals and street art can be found in seemingly unexpected…

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School District(s)
City Of Chicago SD 299
Elementary School
Pickard Elementary School
Middle School
Pickard Elementary School
High School
Juarez Community Academy High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at Western (0.20 miles away)

BNSF Railway, Milwaukee District North, North Central Service, Milwaukee District West, Union Pacific West, Heritage Corridor, Southwest Service, Union Pacific North, Union Pacific Northwest, Rock Island District

at S Western Ave Metra (0.31 miles away), Western Ave Metra, Western, Kedzie and others


2224 W 21st Street Chicago, Illinois 60608 is a multiple unit (2-4) currently listed at $449,000. 2224 W 21st Street features 11 bedroom(s) and 3 bath(s). This multiple unit (2-4) has been listed on @properties since October 21st, 2020 and was built in 1885. Nearby schools include Pickard Elementary School, Juarez Community Academy High School. The nearest transit stops include Western CTA Pink line, BNSF Railway S Western Ave Metra. Want to learn more about 2224 W 21st Street Chicago, Illinois 60608? Contact an @properties agent to request more info.

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