2224 21st Street, Lower West Side, Chicago, Illinois 60608
$505,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 3 |
| Year Built: | 1885 |
| Property Taxes: | $0 |
| Days On Market: | 1787 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Multi-unit | |
| — | |
| Greystone | |
| 1885 | |
| Full | |
| GREYSTONE | |
| No | |
| — |
| Cook | |
| Heart Of Chicago | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 10915893 | |
| 17193150340000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Pickard Elementary School |
299 | — | |
|
High School
Juarez High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Mar, 2021 | Sold | $505,000 | MRED MLS |
| 22 Jan, 2021 | Under contract | $449,000 | MRED MLS |
| 21 Oct, 2020 | Listed for sale | $449,000 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| Concrete Perimeter | |
| — | |
| Deck, Patio | |
| Fenced Yard,Sidewalks,Streetlights | |
| 24.1 X 129.3 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Curbs, Gated, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|
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Listing Provided By
MPower Residential Brokerage LLC
