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3962 W Grand Avenue

Chicago, IL 60651
  • $1,350,000
  • STATUS: Active
  • ON SITE: 158 Days
  • MLS #: 12161123
UPDATED: 63 min ago
$1,350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

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!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T22:58:58.36 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3962 W Grand Avenue Chicago, IL 60651

  • Price: $1,350,000
  • Status: Active
  • On Site: 158 Days
  • Updated: 63 min ago
  • MLS #: 12161123
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
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!
Exterior Features

Exterior Building Type Brick Frontage Type City Street Roof Rubber Roof Structure Flat

Interior Features

Cooling Partial Heat Ventilation Gas

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 6720 Built Before1978 YN Yes Current Use Multi-FamilyOther Electric Separate Meters Gross Income 146700 Gross Scheduled Income 146700 Insurance Expense 3500 Location Corner Maintenance Expense 2500 Mls Actual Status Active Net Operating Income 111039 Operating Expense 30126 Ownership Types Limited Liability Corp Possible Use Multi-FamilyRetail Tax Annual Amount 5540 Tax Year 2023 Tenant Pays ElectricityHeatVaries by Tenant Total Monthly Income 12225 Township West Chicago Type Multi Family 5+ Utilities Water to Site Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of 33 Realty: 773-327-4975.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T22:58:58.36 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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