3962-3966 Grand Ave, Chicago, IL 60651
7,446 SF | 100% Leased | Retail Building | Chicago, IL 60651 | $1,350,000 ($181/SF) | 8.23% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,350,000
- Property Type
-
Retail
- Square Feet
- 7,446 SF
- Price / Square Foot
- $181
Listing Contacts
Davis Edgerly
Verified Profile
- Property Info
Property 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.
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.
Property Details
- Class
- C
- Year Built/Renovated
- 1911/2018
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 4,792 SF
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