3962 W Grand AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60651
Key Details
Property Type Multi-Family
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
Maintenance Fees $2,500
Year Built 1910
Annual Tax Amount $5,540
Tax Year 2023
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
Area Chi - Humboldt Park
Zoning COMMR
Interior
Cooling Partial
Exterior
Utilities Available Water to Site
Roof Type Rubber
Building
Dwelling Type Multi Family 5+
Structure Type Brick