Property Overview

Interra Realty has been exclusively engaged to bring to market 2058 W. 21st Pl., a Nine (9) unit corner multi-family property located in Chicago's highly desirable Pilsen neighborhood. This property is located in the heart of Pilsen, just steps from Pilsen's booming 18th street and only two blocks from the Damen Street CTA stop.

All units are recently renovated (2017) and feature granite countertops, dishwashers, hardwood floors, and individual furnaces. Additional recent capital improvements include a newer tear off roof, updated electric service (400 amp), updated plumbing (PVC and copper), newer windows, and coin laundry room in front building.

The asset offers value-add upside in adding in-unit washers and dryers in all units, refreshing the kitchens via cosmetic updates, and increasing rents to market rate. 

Highlights

  • Nine (9) Unit Corner Multi-Family Building in Desirable Pilsen Neighborhood High Upside Value Add Opportunity
  • Two Blocks From Damen CTA Stop
  • Five Minute Walk From Booming 18th Street
  • Renovated Units: Granite Counter-Tops, Hardwood Flooring, Individual Furnaces
  • Capital Improvements: Newer Tear Off Roof, Windows, Electric, Plumbing
  • Value-Add – Adding In-Unit Washer & Dryer with Kitchen Cosmetic Updates

Key Details

TRANSACTION DATE
2022
NUMBER OF UNITS
Nine (9)
SUBMARKET
Pilsen