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3651 W Grenshaw St
Chicago, IL 60624
Multifamily Property For Sale
·
3 Units


Executive Summary
Fully GUT rehabbed to the studs; 3-unit building, with a 2 car garage. All rehab work was done with full plans and permits. Open floor plans for luxury living on each floor. Garden unit features 2 bedrooms and 1 bath; 1st floor has 3 bedrooms and 1 bath, and the Top floor has 4 bedrooms and 1 bath. Rapidly appreciating area of North Lawndale with Easy access to expressway & short distance to downtown Chicago.
Property Facts Under Contract
| Price Per Unit | $189,667 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 3,750 SF |
| Cap Rate | 10.90% | Average Occupancy | 0% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Parking Ratio | 0.53/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price Per Unit | $189,667 |
| Sale Type | Investment |
| Cap Rate | 10.90% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,750 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1926 |
| Parking Ratio | 0.53/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 16-14-328-021-0000 | Improvements Assessment | $28,469 |
| Land Assessment | $4,531 | Total Assessment | $33,000 |
Property Taxes
Parcel Number
16-14-328-021-0000
Land Assessment
$4,531
Improvements Assessment
$28,469
Total Assessment
$33,000
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