3533 W Grenshaw St - Apartments FOR SALE


Chicago, IL 60624- South Chicago
$900,000 USD
773-572-6192
3533 W Grenshaw St, Chicago, IL for Sale
$900,000 USD
Apartments - FOR SALE
1/2
null | 11.23% Cap Rate

3533 W Grenshaw St
Chicago, IL 60624
South Chicago


HIGHLIGHTS

  • The most desirable pocket of North Lawndale.
  • Homan Square has been a development hotspot for both public and private investment as north of $220M has been invested in the community
  • The Foundation for Homan Square project referred to as the community “Beacon of Hope” has been a development catalyst for the West Side of Chicago.
  • Kedzie-Homan Blue Line station, 52 Kedzie/California and 82 Kimball/Homan buses
  • Bordered by I-290 (convenient access to downtown Chicago or Western Suburbs), Roosevelt Road and Homan Avenue.

OVERVIEW

Also available as a portfolio with 9-Unit at 3522 W Grenshaw for $1,900,000. Highly desirable unit mix – Three (3) 3B/1ba’s and three (3) 5B/2ba’s. Very attractive to young couples or younger groups looking to convert excess space in to an office, aux space, peloton room, etc. Highly desirable unit mix – Three (3) 3B/1ba’s and three (3) 5B/2ba’s Tenants pay gas and electric, no common area. Landlord only responsible for Water/Trash. Broker of Record Matthew M. Fitzgerald License No. 478027547 (IL) (866) 889-0550 Matthews Real Estate 1600 West End Avenue, Suite 1500

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

6

PRICE/UNIT

$150,000

CAP RATE

11.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Rt-4

APN/PARCEL ID

16-14-426-009-0000

ASK ABOUT THIS PROPERTY

John WrennMatthews Real Estate Investment ServicesMore Info
773-572-6192

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John WrennMatthews Real Estate Investment ServicesMore Info
773-572-6192

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.