3962-3966 W Grand Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60651
$1,350,000 USD
773-849-7084
3962-3966 W Grand Ave, Chicago, IL for Sale
$1,350,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 8.23% Cap Rate

3962-3966 W Grand Ave
Chicago, IL 60651


OVERVIEW

33 Realty is pleased to announce the opportunity to acquire 3962 W Grand Ave a renovated 8 unit mixed use building in Chicago’s West Humboldt Park neighborhood. The property is located just west of the park on the busy corner of Grand and Pulaski. The recent additions of the new Amazon distribution center and the public safety training center have really improved this neighborhood. This is a great opportunity to acquire a renovated investment property with upside. The property has a unit mix of three (3) two-bedroom, one-bathroom; two (2) one-bedroom, one bathroom units; and three (3) retail spaces. The retail spaces is currently occupied by a nail salon, Verizon store, and an accounting/tax business. The property presents an investor a unique opportunity to acquire a cash flowing asset with upside.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

8.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C1-1

APN/PARCEL ID

16-02-108-040-0000

ASK ABOUT THIS PROPERTY

Davis Edgerly33 RealtyMore Info
773-849-7084

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Davis Edgerly33 RealtyMore Info
773-849-7084

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