1651 West 21st Street

Chicago, IL 60608

$749,900
Price
8
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exciting Investment Opportunity in Pilsen Historic District! Discover a rare gem in the heart of Pilsen, named one of the coolest neighborhoods in Chicago! This mixed-use building presents an exceptional opportunity for savvy investors looking to capitalize on appreciation potential in a vibrant community known for its rich culture, art, and culinary scene. Long term owners & hitting the market after many years! Property Overview: Residential Units: 3 units 2 Rear units featuring 2 bedrooms and 1...Exciting Investment Opportunity in Pilsen Historic District! Discover a rare gem in the heart of Pilsen, named one of the coolest neighborhoods in Chicago! This mixed-use building presents an exceptional opportunity for savvy investors looking to capitalize on appreciation potential in a vibrant community known for its rich culture, art, and culinary scene. Long term owners & hitting the market after many years! Property Overview: Residential Units: 3 units 2 Rear units featuring 2 bedrooms and 1 bath each, plus a spacious duplexed unit above the commercial space boasting 4 bedrooms and 2 baths. With some renovations, these units can easily be transformed into desirable rentals, increasing their value and aligning with the market's rising demand. Business Unit: This versatile commercial space offers the perfect opportunity for entrepreneurs or established businesses to thrive in a bustling neighborhood. Zoned B3-2 (Community Shopping District) allowing for many possibilities. Within reach are businesses such as Bobs Pizza & La Providencia Grocery Investment Highlights: Located in a highly desirable area, known for its artistic vibe and community engagement, ensuring consistent tenant interest. - The building requires some work, allowing you to add your personal touch and enhance its value further. Whether you are looking to expand your real estate portfolio or seeking a project that promises significant returns, this property in Pilsen is a must-see. Embrace the opportunity to invest in a neighborhood that continues to attract attention and growth! Act fast-properties like this don't offen come to market! Contact us today for more information or to schedule a viewing.
  1. Listed by Eduardo Sanchez • RE/MAX MI CASA

Property Details for 1651 West 21st Street

Area
CHI - Lower West Side
Zoning
MULTI
LISTING UPDATED: 11/14/2024 02:02 AM

Property Details for 1651 West 21st Street

StatusActive
MLS #12204344
Days on Market10
Taxes$9,284 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1880
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building Information for 1651 West 21st Street

Stories2Residences4Year Built1880Building Size-Lot Size0.07 AC / 3,125 SF

Property Information for 1651 West 21st Street

General Information
Addtl Parking Information
  • Indoor Parking: Detached
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual, Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Washer/Dryer Lsd: No
  • Num of Baths: 5.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 3125.0
  • Stories: 2
  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Building Area Total: 4100
  • Lot Size Source: County Records
Property and Assessments
  • Possible Use: Retail
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 4
  • Document Date: 2024-11-13T17:47:09
  • Photos Count: 5
Miscellaneous
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $60,600.00
  • Gross Scheduled Income: $60,600.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $.00
  • Janitor Expense: 1500
  • Total Monthly Income: 5050
  • Net Operating Income: $46,800.00
  • Operating Expense: $1,500.00
  • Other Expense: $1,500.00
  • Trash Expense: $.00
  • Water Sewer Expense: $500.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1651 West 21st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1651 West 21st Street

Taxable ValueLand$9,375Additions$34,625Total$44,000
Tax Record2022$9,050 ($754 / month)
Home Facts
Baths2Total Finished SqFt3,552 SqFtAbove Grade Finished SqFt3,552 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1880CountyCOOKAPN17-19-425-004

Schools near 1651 West 21st Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - PK to 8
Rating
School
Distance
Cooper Elementary Dual Language Academy
PublicPK to 8

Juarez Community Academy High School
Public9 to 12

Acero Chtr - Bartolome de las
CharterK to 8

Orozco Elementary Fine Arts & Sciences
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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1651 West 21st Street is a multi-family home for sale in Chicago, IL 60608. This property was listed for sale on November 5, 2024 by RE/MAX MI CASA, it's currently listed at $749,900. This listing's school district is Chicago Public Schools. Nearby schools include Cooper Elementary Dual Language Academy, Juarez Community Academy High School and Acero Chtr - Bartolome de las. 1651 West 21st Street is a 8-bed, 5-bath, multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX MI CASA

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/14/2024 02:02 AM. 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.