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$ 1,350,000

Est. payment -/mo

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3962 W Grand AVE Chicago, IL 60651

6,720 SqFt

UPDATED:

09/27/2024 05:41 PM

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

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

Area Chi - Humboldt Park

Zoning COMMR

Interior

Cooling Partial

Fireplace N

Exterior

Utilities Available Water to Site

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

Listed by Davis Edgerly • 33 Realty

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