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3911-15 Grand Avenue in Chicago: CHI - Humboldt Park Commercial Sale for sale () : MLS®# MRD10948165

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

Main Photo: 3911-15 Grand Avenue in Chicago: CHI - Humboldt Park Commercial Sale for sale ()  : MLS®# MRD10948165
$659,000
Prop. Type:
Commercial Sale
MLS® Num:
MRD10948165
Status:
Active
Year Built:
1928
Humboldt Park 6 Units W/ Adjacent 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:
Dec 07, 2020
Last Lease Exp Date:
Dec 02, 2020
Original Price:
$659,000
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 January 20, 2021 at 12:00 PM (UTC)
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