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Property profile & analytics
OFF-MARKET
Commercial real estate

2252 21St St Chicago, IL 60608

Entity Owned 5-yr Hold
Property ID
US28-1789936
Property summary
AI-generated overview

This exceptional 3,096 square foot lot in Chicago's vibrant Pilsen neighborhood presents a unique development opportunity. Boasting favorable B3-2 zoning, this cleared site is ideally situated within a Transit-Oriented Development (TOD) boundary, offering unparalleled convenience and accessibility. Located at 2252 W 21st St, Chicago, IL 60608 (APN: 17-19-315-022-0000), the property is just one block from the Western Avenue CTA Pink Line station and a short 1.5-block walk to the Hoyne/Damen Avenue station, providing effortless commutes throughout the city. The site's prime location offers proximity to a wealth of amenities, including grocery stores, fitness centers, coffee shops, restaurants, and schools, catering to a diverse range of residents. Furthermore, its strategic position places it within a mile or two of CineSpace Film Studios and the Illinois Medical District, and a convenient 15-minute commute to Chicago's central business district. Easy access to major expressways, including I-55, I-290, and I-90/94, further enhances its appeal for commuters. The asking price for this exceptional development opportunity is $185,000. Don't miss this chance to capitalize on Pilsen's thriving market and build your vision in this highly sought-after location.

Property profile
Verified
Property type Commercial real estate
APN 17-19-315-022-0000
UPID US28-1789936
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
2252 W 21st St LLC · 5 yrs held
2252 W 21st St LLC
since 2021
2 recorded transactions
2021
$175,000
2016
$44,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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