$1,350,000
3962 W Grand Avenue Chicago, IL 60651
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$1,350,000
Est. payment /mo
6,720 SqFt
Active
3962 W Grand Avenue Chicago, IL 60651
UPDATED:
09/27/2024 05:41 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,720 sqft
Price per Sqft $200
MLS Listing ID 12161123
Year Built 1910
Annual Tax Amount $5,540
Tax Year 2023
Lot Dimensions 55X48X89X84
Property Description
Fantastic corner building at a busy intersection in West Humboldt Park. The building consists of 8 units with 5 apartments and 3 retail spaces. The building is fully occupied with all units individual metered for gas and electric. The retail tenants are all on GM leases with RUBS and rent increases in place. The apartment units are all market rate with some on leases and some month to month. The unit mix for the apartments: 3- 2 bedroom / 1 bathroom ; 2- 1 bedroom / 1 bathroom; 3 retail spaces. This neighborhood has been improving with the recent addition of the Amazon distribution center. The retail spaces have always remained occupied due to the strong location in the neighborhood. This is a high cash flowing investment property with a diversified income stream. Make it a part of your portfolio today!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Partial
Fireplace N
Exterior
Utilities Available Water to Site
View Y/N true
Roof Type Rubber
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Davis Edgerly • 33 Realty
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