1754 W 21st Pl
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1754 W 21st Pl
3 Unit Apartment Building $850,000 ($283,333/Unit) Chicago, IL 60608
Investment Highlights
- Renovated 3-flat building with modern updates
- High ceilings for an airy, open feel
- Short walk to CTA Pink Line for easy transit
- Spacious 4-bed/2-bath duplex unit | In-unit laundry and dishwashers for convenience
- Below Market Rents | Gated parking in the rear for added security
- Option to live in one unit and have rental income opportunity
Executive Summary
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.
Property Facts
| Price | $850,000 | Apartment Style | Garden |
| Price Per Unit | $283,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| No. Units | 3 | Building Size | 4,800 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1879 |
| Price | $850,000 |
| Price Per Unit | $283,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 4,800 SF |
| No. Stories | 3 |
| Year Built | 1879 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Granite Countertops
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | 2,070 |
| 2+1 | 2 | - | 1,073 - 1,097 |
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Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $81,737 | |
| Land Assessment | $28,125 | Total Assessment | $109,862 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$28,125
Improvements Assessment
$81,737
Total Assessment
$109,862
zoning
| Zoning Code | RT-4 (Residential Two-Flat, Townhouse and Multi-Unit District) |
| RT-4 (Residential Two-Flat, Townhouse and Multi-Unit District) |
-
Paul Cawthon -
Angelo Labriola -
SVN | Chicago Commercial
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1754 W 21st Pl
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