Closed

$505,000

Favorite

beds

baths

2224 W 21st Street

Chicago, Illinois 60608

Closed / MLS #10915893 / Multiple Unit (2-4) / Lower West Side

Listing information updated 3/1/2021 at 7:23pm

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:

Heating System:

Space Heater/s

Pool:

Age:

100+ Years

Roof Type:

Flat Roof

Parking Type:

Garage

Parking Spaces:

Garage:

Garage Door Opener(s)

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

Tax Year:

2019

Location

Zip Code:

60608

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Pickard Elementary School

Middle School:

N/A

High School:

Juarez High School

Listing Office: MPower Residential Brokerage LLC

Listing Office Phone: 312.498.8473

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/1/2021 at 7:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Lower West Side, IL

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 places, highlighting the neighborhood’s artistic energy and vibe. Loc...

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Metra

BNSF Railway line at S Western Ave Metra

CTA

Pink line at Western

$473,877

Average Sale Price

100

Average Days On The Market

96%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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2224 W 21st Street is a multiple unit (2-4) which sold for $505,000. 2224 W 21st Street features 11 Beds, 3 Baths. 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 and Juarez High School. The nearest transit stops include Western CTA Pink line and S Western Ave Metra Metra BNSF Railway line.