For Sale $850,000
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 Sep 10, 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

Contacts

Paul Cawthon

SVN | Chicago Commercial

Location

Getting Around

Walk Score ®
91/100 Walker's Paradise
Transit Score ®
66/100 Good Transit
Bike Score ®
84/100 Very Bikeable

Map
Street

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

Carnitas Uruapan Restaurant

0.30 miles
Taqueria El Mezquite

0.31 miles
Dunkin'

0.32 miles
5 Rabanitos Restaurante and Taqueria

0.33 miles
Pizza Nova

0.33 miles
Parkview Diner

0.33 miles
The Jibarito Stop

0.34 miles
Rice and Noodles

0.35 miles
Sabas Vega

0.36 miles
El Berrinches Restaurant

0.38 miles

Cristo Rey Jesuit High School

0.16 miles
Gads Hill Center Social Settlement

0.20 miles
Whittier Elementary School

0.24 miles
Cooper Elementary School

0.26 miles
Saint Pius School

0.30 miles
Benito Juárez Community Academy

0.32 miles
Jose Orozco Community Academy

0.40 miles
Bartolomé de las Casas Elementary School

0.42 miles
Saint Paul School

0.45 miles
Pilsen Community Academy

0.57 miles

New Zion Childcare Academy

0.85 miles
Taylor Tots

1.17 miles
Adams Street Child Care Center

1.76 miles
Kids & Company

2.02 miles
LadyBug and Friends Daycare & Preschool

2.02 miles
Sonnets Academy

2.04 miles
The Goddard School

2.14 miles
Dorie Miller Child Parent Center

2.15 miles
KinderCare

2.33 miles
Blocks Child Care Center

2.35 miles

Frequently Asked Questions

How much does 1754 W 21st Place cost?

The space currently listed for sale at 1754 W 21st Place asks for $850,000.

What is the total square footage of 1754 W 21st Place?

1754 W 21st Place totals 4,800 square feet.

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