3962 West Grand, Chicago IL 60651
$1,350,000

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Property Description

Fantastic corner building at a busy intersection in West Humboldt Park. The building consists of 8 units with 5 apartments and 3 retail spaces. The building is fully occupied with all units individual metered for gas and electric. The retail tenants are all on GM leases with RUBS and rent increases in place. The apartment units are all market rate with some on leases and some month to month. The unit mix for the apartments: 3- 2 bedroom / 1 bathroom ; 2- 1 bedroom / 1 bathroom; 3 retail spaces. This neighborhood has been improving with the recent addition of the Amazon distribution center. The retail spaces have always remained occupied due to the strong location in the neighborhood. This is a high cash flowing investment property with a diversified income stream. Make it a part of your portfolio today!

Features & Information

Key Details

  • List Price $1,350,000
  • Property Taxes $5,540
  • Price/ Sq. Ft. Unavailable
  • Year Built 1910
  • Status Active

Building Information

  • Age of Building Older
  • Exterior Construction Brick
  • Heating & Cooling Gas

Location

  • County Cook
  • Directions to Property Northeast Corner Of The Grand And Pulaski Intersection.
  • Property Taxes

  • Tax 5540
  • Parcel Identification Number 16021080400000

Listed by Davis Edgerly for 33 Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/21/2024 10:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Humboldt Park

Known for its rolling boulevards, historic greystones and sprawling green space, Humboldt Park is a westside neighborhood located minutes from the heart of downtown Chicago. Its namesake park—which is the site of several prominent Chicago buildings including the Humboldt Boat House—offers 207-acres of verdant parkland boasting beautifully manicured gardens and lagoons, all home to a variety of native flora and fauna. Humboldt Park is now a destination for Chicago residents and tourists alike offering world-class dining, shopping, and unique entertainment options throughout the neighborhood. Steeped in the rich cultural history of Chicago’s Puerto Rican heritage, the neighborhood hosts an annual festival and parade that draws visitors from across the country. Marked by two 60-foot Puerto Rican flags, Paseo Boricua is a flagship strip in the neighborhood offering glimpse into Humboldt Park’s vibrant roots.

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