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3920 W Grand Avenue

Chicago, IL 60651
  • $865,000
  • STATUS: Active Under Contract
  • ON SITE: 92 Days
  • MLS #: 11964739
Under Contract
$865,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

*** HUGE Price adjustment *** Amazing investment opportunity! This Legal 6 unit building in the booming Humboldt Park Area with a non conforming 7th unit is ready for its new owner. Top (4) units feature; 2 bedrooms & a den, full large bathroom, hardwood floors, large living room & formal dining room and large kitchen. The ground level units (2) feature 2 bedrooms, bathroom, living room with open kitchens. There is a 7th unit in the rear that features 1 bedroom, bathroom & living room. All the units have separate HVAC units (Central Heat), one unit has central AC, large shared hot water tanks & separate electric meters. Also has a beautiful large backyard with a 2 car brick garage and Coin Laundry for additional income. Long term tenants , all are month to month. New complete tear off Roof in 2021 and back windows. Needs some windows to be replaced and tuckpointing. Great units and great tenants! Each unit has had several updates through the years. Sellers are motivated! Great deal for a 7 unit in the booming area!

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© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-22T08:33:40.79 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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3920 W Grand Avenue Chicago, IL 60651

  • Price: $865,000
  • Status: Active Under Contract
  • On Site: 92 Days
  • MLS #: 11964739
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1927
Built
Neighborhood:
Chi - Humboldt Park
County:
Cook
Area:
Chi - Humboldt Park
Property Description
*** HUGE Price adjustment *** Amazing investment opportunity! This Legal 6 unit building in the booming Humboldt Park Area with a non conforming 7th unit is ready for its new owner. Top (4) units feature; 2 bedrooms & a den, full large bathroom, hardwood floors, large living room & formal dining room and large kitchen. The ground level units (2) feature 2 bedrooms, bathroom, living room with open kitchens. There is a 7th unit in the rear that features 1 bedroom, bathroom & living room. All the units have separate HVAC units (Central Heat), one unit has central AC, large shared hot water tanks & separate electric meters. Also has a beautiful large backyard with a 2 car brick garage and Coin Laundry for additional income. Long term tenants , all are month to month. New complete tear off Roof in 2021 and back windows. Needs some windows to be replaced and tuckpointing. Great units and great tenants! Each unit has had several updates through the years. Sellers are motivated! Great deal for a 7 unit in the booming area!
Exterior Features

Exterior Building Type Brick Roof Structure Flat

Interior Features

Basement Partially Finished Fireplaces Total 0 Heat Ventilation Central Heat/Indiv ControlsForced Air Miscellaneous Inside Laundry Room Number Of Dryers 2 Number Of Ranges 7 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Circuit BreakersSeparate Meters Gross Income 68100 Gross Scheduled Income 68100 Insurance Expense 5212 Maintenance Expense 3260 Mls Actual Status Contingent Net Operating Income 50803 Operating Expense 17297 Tax Annual Amount 8445.79 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 5675 Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of 606 Brokers LLC: 773-417-7944.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-22T08:33:40.79 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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4112C Fieldstone Road
Champaign IL, 61822