1801 W 21st Street

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%.