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3911-15 W Grand Avenue in Chicago: CHI - Humboldt Park Commercial Sale for sale () : MLS®# 11099597

3911-15 W Grand Avenue Chicago 60651 : CHI - Humboldt Park

Main Photo: 3911-15 W Grand Avenue in Chicago: CHI - Humboldt Park Commercial Sale for sale ()  : MLS®# 11099597
$549,000
Prop. Type:
Commercial Sale
MLS® Num:
11099597
Status:
Active
Year Built:
1928
Humboldt Park 6 Units W/Vacant Lot Included on Grand Ave.Near Pulaski Rd. Public transit and retail , Schools etc. All Apartments Occupied 4 (2) 2bd/1bath Units , 2 Store -commercial retail units, both contain long-term tenants .All units W separate utilities . Good size units nice kitchens & baths. Some Capital improvements include Tuck pointing 3 years ago, New windows, newer roof, in-unit furnaces, and copper plumbing throughout. Furthermore a 2 car garage* Extra Lot can generate additional income. Excellent cash flow. Some TLC required *rental rates could be raised to market . Drive By and tell a friend
Grand Ave ( East or West ) West 3911
List Broker Must Accompany
Listed Date:
May 25, 2021
Last Lease Exp Date:
Dec 02, 2020
Original Price:
$549,000
Property Type:
Commercial Sale
Approximate Age:
36-50 Years
Year built:
1928
Type Of Multifamily:
Flats
Current Use:
Multi-Family
Lot Area:
Switch units of measure5,662.8 sq. ft.
Lot Dimensions:
75X125
# Of Units:
6
# Of Units - Apt Type 1:
4
# Of Units - Apt Type 2:
2
# Of Units - Apt Type 3:
0
# Of Units - Apt Type 4:
0
# Of Units - Apt Type 5:
0
# Of Units - Apt Type 6:
0
# Of Units - Apt Type 7:
6
Monthly Income - Apt Type 1:
800
Monthly Income - Apt Type 2:
600
Monthly Income - Apt Type 3:
0
Monthly Income - Apt Type 4:
0
Monthly Income - Apt Type 5:
0
Monthly Income - Apt Type 6:
0
Monthly Income - Apt Type 7:
600
Total Bedrooms - Unit 1:
2
Total Bedrooms - Unit 2:
1
Total Bedrooms - Unit 3:
0
Total Bedrooms - Unit 4:
0
Total Bedrooms - Apt Type 5:
0
Total Bedrooms - Apt Type 6:
0
Total Bedrooms - Apt Type 7:
9
Total Bathrooms - Apt Type 1:
1
Total Bathrooms - Apt Type 2:
1
Total Bathrooms - Apt Type 7:
7
Total Rooms - Unit 1:
5
Total Rooms - Unit 2:
3
Total Rooms - Unit 3:
0
Total Rooms - Unit 4:
0
Total Rooms - Apt Type 5:
0
Total Rooms - Apt Type 6:
0
Total Rooms - Apt Type 7:
26
# Of Dryers:
1
# Of Disposals:
0
# Of Dishwashers:
0
# Of Refrigerators:
6
# Of Ranges:
6
# Of Washers:
1
Washer / Dryer Leased:
Yes
Indoor Parking:
1-5 Spaces
Outdoor Parking:
13-18 Spaces
# Of Exterior Parking Spaces:
10
Zoning:
MULTI
Air Conditioning:
None
Heat / Ventialtion:
Forced Air
Construction:
Brick
Roof:
Membrane, Rubber
Roof Structure:
Flat
Storeys:
3
Electricity:
201-600 Amps
Frontage Access:
City Street
Cook
Security Entrance, Sidewalks
Block
Business Ownership Type:
Sole Proprietor
Gross Rental Income:
50400
Total Annual Income:
35566
Net Operating Income:
35566
Total Monthly Income:
4200
Electricity Expense:
600
Fuel Expense:
0
Fuel Expense Source:
Owner Projection
Insurance Expense:
2700
Repairs / Decor Expense:
2000
Janitorial Expense:
1200
Other Expense:
500
Scavenger Expense:
980
Water Expense:
2100
Total Annual Expense:
13833
Total Annual Expense Source:
Owner Projection
Expense Year:
2019
Gross Rent Multiplier:
10
Tax amount:
5853.54
Tax year:
2019
Special Compensation Info:
None
Tenant Pays:
Electricity, Heat
Parcel Number:
16021240050000
Data was last updated June 21, 2021 at 04:00 AM (UTC)
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Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of June 21, 2021 at 04:00 AM (UTC). 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.
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