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$ 1,050,000

Est. payment -/mo

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3748 W DIVISION ST Chicago, IL 60651

UPDATED:

09/26/2024 05:29 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12169404

Maintenance Fees $1,986

Year Built 1926

Annual Tax Amount $6,930

Tax Year 2023

Lot Dimensions 25 X125

Property Description

Fantastic corner building in West Humboldt Park. This renovated 7 unit building has 5 apartments and 2 retail spaces. This fully occupied building features mostly hardwood and some vinyl flooring, individual furnaces, stainless steel appliances, granite countertops, and overall condo quality units. The unit mix for the apartments: 4- 2 bedroom / 1 bathroom ; 1- 2 bedroom / 2 bathroom; 2 retail spaces; 1 parking space. The tenants are market rate with separate utilities, with the retail tenants being billed back for usage. Overall low operating expenses. Retail tenants are on long term GM leases. Outdoor signage income as well. This neighborhood has been rapidly improving with the recent addition of the Amazon distribution center is only fueling the growth. This is a great cash flowing investment property with a diversified income stream. Can be purchased with 3962 W Grand (MLS# 12161123)

Location

State IL

County Cook

Area Chi - Humboldt Park

Interior

Cooling None

Fireplace N

Exterior

Utilities Available None

Roof Type Membrane

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Listed by Davis Edgerly • 33 Realty

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