2521 West Palmer Street

Chicago, IL 60647

$650,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nestled in between the vibrant neighborhoods of Logan Square ,West Bucktown, and Palmer Square this 3-flat residence presents a unique investment opportunity. Offering a front building with two units, a rare updated Coach House that lives and feels like a single family plus a decent size courtyard this property is ideal for those seeking both a living space and rental income. With some updating and personal touches needed to the front building, this property has the potential to shine as a lucrative...Nestled in between the vibrant neighborhoods of Logan Square ,West Bucktown, and Palmer Square this 3-flat residence presents a unique investment opportunity. Offering a front building with two units, a rare updated Coach House that lives and feels like a single family plus a decent size courtyard this property is ideal for those seeking both a living space and rental income. With some updating and personal touches needed to the front building, this property has the potential to shine as a lucrative investment or a charming owner-occupied residence. The spacious layout, situated on a 28 foot wide lot, provides flexibility for customization, while the prime location ensures easy access to the area's amenities, including dining, shopping, the El, the 606 trail, and entertainment options. Don't miss the chance to unlock the full potential of this property and make it your own in one of Chicago's most sought-after neighborhoods. Long time tenant requires notice.
  1. Listed by Daniel Merrion • Coldwell Banker Realty

Property Details for 2521 West Palmer Street

Area
CHI - Logan Square
Township
Lake View
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas, Space Heater/s

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/28/2024 03:01 AM

Property Details for 2521 West Palmer Street

StatusPending
MLS #12018020
Days on Market26
Taxes$21,991 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1881
Lot Size0.07 AC / 3,136 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 2521 West Palmer Street

Stories-Residences3Year Built1881Building Size-Lot Size0.07 AC / 3,136 SF

Payment Calculator

$5,380 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$1,833

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2521 West Palmer Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2009
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 28X112
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 2100
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2521
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-04-05T02:21:31
  • Photos Count: 34
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 01/24
Unit 3
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 08/24

Property History for 2521 West Palmer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2521 West Palmer Street

Taxable ValueLand$13,986Additions$95,014Total$109,000
Tax Record2022$22,496 ($1,875 / month)
Home Facts
Baths2Total Finished SqFt1,350 SqFtAbove Grade Finished SqFt1,350 SqFtStories2Lot Size3,108 SqFtStyleMulti-Family Res (5+ Units)Year Built1884CountyCOOKAPN13-36-222-014

Schools near 2521 West Palmer Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 6 to 12
Rating
School
Distance
Goethe Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

CICS Bucktown
CharterK to 8

Aspira Charter Schools
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/28/2024 03:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.