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1801 W 21st Street, Chicago, IL 60608
$950,000
1801 W 21st Street, Chicago, IL 60608View this property at 1801 W 21st Street, Chicago, IL 60608
1801 W 21st StreetChicagoIL60608
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Property Description
1801 W. 21st St, a five (5) unit building in Chicago's historic Pilsen Neighborhood. An attractive location for tenants, this particular property is just blocks away from 18th Street, home to some of Chicago's most underrated restaurants. Located two blocks away from Damen Train Station, the property provides quick and easy transit via pubic transportation to Chicago's Downtown. 1759 W. 21st is comprised of four (4) 2Bd/1Ba and one (1) 3Bd/1Ba units. Highlights include modern finishes with wood flooring, along with updated mechanical systems. Included in the unit mix is an incredibly spacious, unattached Coach House in the rear of the building, with ample opportunity to raise rental income. 1759 W. 21st presents an investor with the opportunity to raise rents increasingly through a value-add approach to new ownership. In doing so, its new owner will realize a cap rate over 8% and a cash return of 9.18%.
Full Property Details
Full Property Details for 1801 W 21st St
General
- Price: $950,000
- HOA FEE: $2,125
- Taxes: $15,838 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11974220
- Updated: 2/29/2024
- Added to Site: 100 day(s) ago
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: Heading North on S. Ashland Ave, pass W Cermak Road and head two blocks north, turning left to go west down W 21st Street. Driving two blocks west, the building is on the corner of S Wood Street and W 21st Street.
Heating & Cooling
- Heating Type: Gas
Utilities
- Trash: 592
Structural Information
- Stories/Levels: 2
- Year Built: 1884
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 25' x 125'
Financial Considerations
- Maint. Fee: $2,125
- Insurance Fee: $3,750
- Operating Expenses: $33,199
- Other Fee: $2,402
- Assessment Year: 1884
- Tax Amount: $15,838
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Sewer
- Pays Electric: 240
- Pays Trash: 592
Disclosures and Reports
- Property ID: 17194230240000
Listed by Kiser Group Realty Inc
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Schools
Schools serving 1801 W 21st St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1900 W 23rd St, Chicago, IL 60608 | PK-8 | 0.3 mi | |
1450 W Cermak Rd 1510, Chicago, IL 60608 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1801 W 21st St
Date
Details
Price
Change
Source
2/05/2024
Listed
$950,000
603.7%
MLS
9/30/2013
Sold
$135,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1801 W 21st St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$15,838
2%
$77,000
—
2021
$15,484
118%
$77,000
141%
2020
$7,112
-12%
$31,927
-20%
2019
$8,043
2%
$40,031
—
2018
$7,907
-7%
$40,031
2%
2017
$8,475
7%
$39,371
—
2016
$7,886
7%
$39,371
-2%
2015
$7,372
23%
$40,229
25%
2014
$5,994
2%
$32,308
—
2013
$5,876
-7%
$32,308
-9%
2012
$6,345
—
$35,358
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1801 W 21st St
1801 W 21st Street, Chicago, IL 60608 (MLS# 11974220) is a Commercial property. 1801 W 21st Street is currently listed for $950,000 and was received on February 05, 2024. Want to learn more about 1801 W 21st Street? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.