2224 W 21st Street Chicago, IL
$ 449,000
Property Attributes
  • MLS#10915893
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lower West Side
  • NeighborhoodHeart of Chicago
  • Zip60608
  • StyleGreystone
  • Price$ 449,000
  • Bedrooms11
  • Full Bathrooms3
  • Half Bathrooms0
Listing Provided Courtesy Of:
MPower Residential Brokerage LLC
Property 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.

Elementary School High School
Pickard Elementary School Juarez High School
Price History
10/24/2020 Listed $449,000

General Features

Architectural Style Greystone
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Contingency Financing
Elementary School Pickard Elementary School
Exterior Features Deck, Patio
Heating Space Heater
High School Juarez High School
New Construction No
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer
Standard Status Active Under Contract
Subdivision Name Heart of Chicago
Zoning MULTI

Interior Features

Basement Unfinished
Basement Full
Bedroomspossible 11
Full Baths Building 3
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Total Baths 3
Total Bedrooms 11

Exterior Features

Exterior Brick, Stone, Combination
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 24.1 X 129.3
Water Source Lake Michigan

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60608

AVG $450K
AVG 38
Year Built
AVG 1943
AVG 83
Data Provided by Walkscore ® not using MLS data