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1921 Jefferson Street

NEW HI END 4 UNIT. LUXURY CONSTRUCTION 3 HUGE APARTMENTS & 1 STOREFRONT OFFICE READY FOR YOUR PORTFOLIO. THIS 7+ CAPPER LIES IN THE EASTERN MOST POCKET OF PILSEN BORDERING THE SOUTH LOOP & SITS ON A RARE EXTRA LONG LOT THAT ALLOWS FOR HUGE 106' LONG BUILDING AND DOULBE THE PARKING SPACE(34' long spaces fit 2 cars tandem). IT'S WELL PRICE IS EVIDENT IN IT'S GRM WITH A MULTIPLIER OF 11.5 + and IT'S A NEW BUILT- WHY BUY REHABS WHEN YOU HAVE CONDO QUALITY TO CASHFLOW FOR YEARS AS THE PLANNED UNIT DEVELOPMENT GOES IN ACROSS THE STREET AND THEN SELL CONDO LATER. LOCATION IN "RIVER'S EDGE OF EAST PILSEN" IS ABOUT TO APPRECIATE. THIS 4 UNIT BUILDING IS UNDER CONSTRUCTION AND FINISH DATE IS MAY 2020. BASED ON MARKET RENT COMPARABLES FROM WITHIN 3 BLOCKS ONCE FULLY RENTED.....ONE STOREFRONT AND THREE LARGE 3 BED 2.1 BATH LUXURY APARTMENTS WILL BE FINISHED ABOVE CONDO QUALITY(QUARTZ COUNTERS, SS QUALITY APPLIANCES, FULL LAUNDRY IN UNIT IN EACH UNIT, ROOF VIEW/ACCESS FOR EACH UNIT, FRONT AND REAR BALCONY FOR EACH. 2 PARKING SPACES(TANDEM) FOR EACH UNIT. THIS LOCATION IS ACROSS THE STREET FROM A MULTI-BUILDING PLANNED UNIT DEVELOPMENT OF 320+ RESIDENTIAL UNITS AND A MID-RISE RETAIL COMPLEX AND 2 BLOCKS FROM "RADIUS" ...A 4000 SEAT PLANNED MUSIC VENUE ON CERMAK. OVER 12 NEW SCATTERED SITE RESIDENTIAL NEW CONSTRUCTION PROJECTS ALSO UNDERWAY WITHIN 3/4 MILE ...... WALK ACROSS THE 18th st BRIDGE ON FOOT TO THE SOUTH LOOP OR WALK UP TO ROOSEVELT TO WHOLE FOODS, ICON THEATRES AND THE WHOLE SHOPPING DISTRICT OF THE ROOSEVELT COORIDOR.... JUMP ON I90-94, I 55 in MOMENTS. TAKE METRA, BUS STOPS, EL AND METRA-- ALL NEARBY IN PILSEN. EMAIL FOR OM

Essential Information

  • MLS® #10605714
  • Price$1,800,000
  • Square Footage8,000
  • Acres0.00
  • Year Built2020
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address1921 Jefferson Street
  • AreaCHI - Lower West Side
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60616

Amenities

  • Parking Spaces6

Interior

  • HeatingCentral Heat/Indiv Controls
  • CoolingCentral Air
  • Stories4

Exterior

  • ExteriorBrick, Block
  • RoofFlat
  • FoundationConcrete

Lot Description

Central Business District, Commercial Business Park, Mixed Use Area, Riverfront, Public Transport Avail

Construction

Brick, Concrete, Concrete Block, Steel, Stone

Additional Information

  • Days on Website137
  • ZoningMULTI
  • Taxes$4,000

Listing Details

  • OfficeBetter Living Realty
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Price Change History for 1921 Jefferson Street, Chicago, IL (MLS® #10605714)

Date Details Price Change
Active (from New)

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than @Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 26th, 2020 at 6:35am CDT.