Mixed-Use Building with Two
For Sale
Contact for pricing
Pending
3950 W Grand Avenue, Chicago, IL 60651
Two ground-floor commercial storefronts sit beneath a second-floor residential unit in a three-unit mixed-use building.
Days on Market112
Property Features for 3950 W Grand Avenue
General Information
Standard status
Pending
Property subtype
Mixed Use
Additional Details
Traffic Count
13,000 vehicles/day
Multifamily Units
1
Building Details
Stories
2
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 29 at 2:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This mixed-use building for sale includes three units total: two commercial storefronts on the ground floor and one residential apartment unit on the second level. Both commercial tenants are in place. Public remarks indicate long-term occupancy for the ground-floor tenants, including Grand Sunny Sub & Sister's African Hair Braiding and Weaving.
The building is located along Grand Avenue just east of Pulaski Road, with exposure to over 13,000 VPD. Retail activity nearby includes national brands mentioned in the remarks: Dunkin’ Donuts and Citgo across the street, with Family Dollar, Advance Auto Parts, and Cash America to the west.
For buyers seeking a mixed-use setup with retail storefront income, this property provides a straightforward configuration: two street-level retail spaces with a residential unit above.
The building is located along Grand Avenue just east of Pulaski Road, with exposure to over 13,000 VPD. Retail activity nearby includes national brands mentioned in the remarks: Dunkin’ Donuts and Citgo across the street, with Family Dollar, Advance Auto Parts, and Cash America to the west.
For buyers seeking a mixed-use setup with retail storefront income, this property provides a straightforward configuration: two street-level retail spaces with a residential unit above.
Key Highlights
- 3‑unit mixed‑use building: two ground‑floor commercial storefronts and one second‑floor residential apartment unit
- Both ground‑floor tenants are long‑term tenants, including Grand Sunny Sub & Sister's African Hair Braiding and Weaving
- In‑place NOI is approximately $33,000
Property Analytics
Current Use
Lease Details
1
Residential units
13,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Electronics 3%
BP
Shops & Services
12,018 visits/mo
0.2 miles
Family Dollar
Shops & Services
9,447 visits/mo
0.2 miles
AutoZone
Shops & Services
8,177 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
4,983 visits/mo
0.2 miles
Cash America Pawn
Shops & Services
3,947 visits/mo
0.2 miles
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor commercial storefronts sit beneath a second-floor residential unit in a three-unit mixed-use building.
Where is this mixed-use property located?
The property is located at 3950 W Grand Avenue Chicago, IL.
What are key features of this property?
This property features: 3‑unit mixed‑use building: two ground‑floor commercial storefronts and one second‑floor residential apartment unit; Both ground‑floor tenants are long‑term tenants, including Grand Sunny Sub & Sister's African Hair Braiding and Weaving; In‑place NOI is approximately $33,000
