Address
3920 W Grand Avenue, Chicago, IL
Price
$ 865,000
Property Attributes
  • MLS#12037492
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Humboldt Park
  • Zip60651
  • StyleMulti-Family
  • Year Built1927
  • Taxes$ 8638
  • Price$ 865,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.133242 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Historic Humboldt Park offers this rare and hard to find brick 3-story 6 unit with a non-conforming 7th unit. The 2nd and 3rd floor 4 units consist of 6 rooms, 2 bedrooms plus a bonus den. Hardwood floors throughout, large living rooms & formal dining rooms w/ spacious kitchens. The 2 first floor units feature 5 rooms, 2 bedrooms. Living rooms with open kitchens. The 7th unit in the rear of the first floor is a 3 room 1 bedroom. All units have separate GFA heat. One unit has central air. Common hot water tank for the building & separate CB electric meters for all units. Coin operated laundry for extra income. Beautiful large backyard with a 2-car brick garage (potential for additional income). Great units and tenants... Long time tenants. All tenants are M to M. Complete tear off roof in 2021 and back windows of property. The owner has done several updates throughout the years. Property is being sold in AS-IS but a great opportunity for a savvy investor in a prime location!

Price History
5/18/2024 Listed $865,000

General Features

Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1927
Electric Circuit Breakers,Separate Meters
Tenant Pays Electricity,Heat
Stories 2
Tax Year 2022
Current Use Multi-Family
Gross Income 71400
County Cook
Net Operating Income 47461
Operating Expense 16200
Insurance Expense 6000
Property Type Commercial Sale
Status Active
Directions West on Grand towards Pulaski; before Harding on right side of the street
City Chicago
NumberOfUnitsTotal 7
MLS Area CHI - Humboldt Park
Lot Size Square Feet 5804
Street Name Grand
Tax Annual Amount 8638.63
Electric Expense 1800
Fuel Expense 2400
Trash Expense 2400
Water Sewer Expense 3600
Additional Parcels Y/N No
Virtual Tour https://www.youtube.com/watch?v=0btHpqY0O70
Days on Market 18
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue
Basement Partially Finished

Exterior Features

Lot Dimensions 44X130
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60651

Price
AVG $610K
$870K
Taxes
AVG $6,619
$8,638
Visits
AVG 179
139
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1927

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