3962 W Grand Avenue , Chicago, IL 60651
Chicago, IL 60651
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!
Details
| MLS# | 12161123 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 132 |
| Listing Provided By | 33 Realty | Davis Edgerly |
Features
| SQ Feet | 6,720 |
|---|---|
| Story(s) | 2 |
| Units | 8 |
| Zoning | COMMR |
Market Activity 60651
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60651 |
| Area | CHI Humboldt Park |
| Listing VS Median (in 60651) | |
Price: $1,350,000 low | high Med: $270,000 SqFt: 6,720 low | high Med: 1,400 $ / SqFt: $201 low | high Med: $193 On Site: 132 low | high Med: 74.000000 | |