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3962-3966 W Grand Ave
Chicago, IL 60651
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 7,446 SF |
| Property Subtype | No. Stories | 2 | |
| Building Class | C | Year Built/Renovated | 1911/2015 |
| Zoning | C1-1 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 7,446 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1911/2015 |
| Zoning | C1-1 |
About 3962-3966 W GRAND AVE , CHICAGO, IL 60651
Goldbay Advisors, Inc presents a rare value-add investment opportunity in Chicago's Humboldt Park neighborhood. The offering allows an investor to acquire a fully stabilized building with strong in place rental cash flow and upside revenue growth potential. This mixed use apartment building is located on the high VPD intersection of Pulaski Ave and Grand Ave (37,000 VPD). The building is well maintained and consists of 8 total units. 5 residential apartments and 3 storefronts. Additional Highlights: •All tenants (residential and commercial) responsible for their own utilities. •Many recent improvements including new cabinets, granite countertops, light fixtures and hardwood flooring. •On-site coin operated laundry. •Located in TIF district. •Bus stop conveniently located in front of building for tenant commute. •Located .5 miles from the new 606 Bloomingdale Trail and Park, 1.4 miles north of train station, 2.7 miles from I-290 highway, 7.2 Miles from downtown and 1.3 Miles via W Grand Ave to Humboldt Park. •The 60651 zip has a ‘Walk Score’ of 78, representing that most errands can be accomplished on foot. •C1-1 Zoning. Neighborhood Commercial District. Retail storefronts. Allows more business types than B1 districts, including liquor stores, warehouses, and auto shops. Apartments permitted above the ground floor.
Property Taxes
| Parcel Number | 16-02-108-040-0000 | Improvements Assessment | $35,967 |
| Land Assessment | $6,033 | Total Assessment | $42,000 |
Property Taxes
