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1651 W 21ST Street

Chicago, IL 60608
  • $749,900
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 12204344
$749,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1880
County:
Area:

School Ratings & Info

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 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.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1651 W 21ST Street Chicago, IL 60608

  • Price: $749,900
  • Status: Active
  • On Site: 93 Days
  • MLS #: 12204344
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1880
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property 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 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.
Exterior Features

Exterior Building Type Vinyl SidingBrick

Interior Features

Cooling Central IndividualWindow Unit(s) Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4100 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Gross Income 60600 Gross Scheduled Income 60600 Insurance Expense 1800 Location Mixed Use Area Maintenance Expense 0 Mls Actual Status Active Net Operating Income 46800 Operating Expense 1500 Possible Use Retail Tax Annual Amount 9283.55 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 5050 Type Multi Family 5+ Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX MI CASA: 773-767-1616.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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