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    2649 W 21St Pl Chicago, IL 60608

    For Sale
    $500,000

    Residential Income - Chicago, IL

    Days on Market:
    8
    Last Refresh:
    Dec 11 at 10:06 pm

    Property Features for 2649 W 21St Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    16244240050000
    Parking
    2

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1890
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Michael Scanlon (888) 574-9405 License #475188240

    Listing date Dec 4, 2025

    MLS# 12528238 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pilsen 2-Flat with Assumable Mortgage

    This well-maintained and updated brick 2-flat is located in the Pilsen neighborhood. The property features a first-floor unit with 2 bedrooms and 1 full bath. The second unit is a duplex-up, offering 3 bedrooms and 2 full bathrooms across two levels. Both units are move-in ready and include modern kitchens, updated flooring, in-unit washer/dryer, and central A/C. The property includes a detached garage that provides one dedicated parking space per unit. Situated steps from public transit, popular dining, and neighborhood amenities, this property is positioned for long-term value. This property is intended for residential income purposes. The property presents an opportunity to assume a 3.125% FHA mortgage.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6924979
    Latitude
    41.8525996

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    FAQs

    What type of property is this?
    Duplex - Updated 2-flat in Pilsen with assumable low-rate mortgage.
    Where is this duplex located?
    The property is located at 2649 W 21St Pl Chicago, IL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Assume a rare 3.125% FHA mortgage.; - Two-unit building (2-flat) in Pilsen.; - **Move-in ready units with modern kitchens, updated flooring, in-unit washer/dryer, and central A/C.**
    (888) 574-9405
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    2649 W 21St Pl Chicago, IL 60608
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    Chicago, IL 60608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2649 W 21St Pl Chicago, IL 60608
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