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Triplex Income Property
For Sale
$3,249,000

2054 W Grand Avenue, Chicago, IL 60612

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market95

Property Features for 2054 W Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Grand to Hoyne. On the corner of Grand and Hoyne.
Subdivision CHI - West Town
Standard status Active
APN 17071240170000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 25687

Utilities

Cooling system Central Air

Building Details

Year built 2013
Floors in Building 3
Number of units 3
Flooring type Concrete
Building materials Concrete, Pre-cast
Roof type Membrane, Metal
Listing Agency: Compass
Listed By: Kathryn Barry · License #475161626
Added: May 19 Changed: Aug 20 Last Checked: Aug 21 at 3:06AM
MLS# 12652668

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale triplex is listed as a residential income property within a COMMR zoning designation. The offering sits on a 0.1587-acre lot at 2054 W Grand Avenue in Chicago, IL 60612.

The property record provided does not include additional unit mix details, square footage, or condition information, but it is presented as a commercial-zoned residential income asset suitable for buyers evaluating triplex structures under COMMR zoning.

Prospective buyers and brokers can request further materials for rent roll, interior/exterior condition, and operating history, as those details are not included in the information provided.

Key Highlights

  • Built in 2013
  • Construction materials include concrete and pre‑cast
  • Central air cooling

Property Analytics

Current Use

Liberation Kitchen Bakery Liberation Donuts Bakery

Suggested Use

Top Pick Nursing Home Accounting Firm Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,404
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex for sale zoned COMMR on a 0.1587-acre lot at 2054 W Grand Avenue in Chicago.
Where is this triplex located?
The property is located at 2054 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,249,000.
What are key features of this property?
This property features: Built in 2013; Construction materials include concrete and pre‑cast; Central air cooling
More about this property
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