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Brick Five-Unit Mixed-Use Property

2350 W Grand Avenue, Chicago, IL 60612

For Sale
$1,150,000
Pending

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market145

Property Features for 2350 W Grand Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 6, Bathroom 4, Bathroom 5, Bathroom 3, Bathroom 8, Bathroom 7, Bathroom 2, Bathroom 1
Directions Corner of western and grand
Subdivision CHI - West Town
Standard status Pending
APN 13312060030000
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 19877

Utilities

Cooling system Central Air

Building Details

Year built 1951
Floors in Building 3
Number of units 5
Building materials Brick
Buildings 1
Listing Agency: Berkshire Hathaway HomeServices American Heritage · Prudential Real Estate
Listed By: Joseph Caravette · License #475176313
Added: Jun 18 Changed: Oct 24 Last Checked: Nov 9 at 4:06AM
MLS# 12682639

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.

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Investment Insights

Based on property information with market context.

Located at 2350 W Grand Avenue in Chicago’s UK Village, this 1951 mixed-use property is constructed of brick and contains five units across three stories. The layout includes four apartments and a storefront with an existing lease. Four residential units have received complete electrical and plumbing improvements, along with hardwood floors, gas furnaces, and central air. Individual mechanical systems support condo-ready configuration.

An attached 1 plus car garage provides additional storage and features 13-foot ceilings. The property also generates additional advertising income from signage on the side of the building. The parcel measures 0.0803 acres. The parking lot next door is separately owned and is not included in the sale.

Key Highlights

  • Five‑unit, three‑story brick mixed‑use property built in 1951
  • Four apartments completely rehabbed with new electric and plumbing
  • Hardwood floors, gas furnaces, and central air in the apartments

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Skin Care Clinic Gym & Fitness Center

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

925
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Chicago, IL

$342 Jul
$241 Aug
$205 Sep
$203 Oct

Properties on Market for Mixed-use properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story building combines four rehabbed apartments with a leased storefront.
Where is this mixed-use property located?
The property is located at 2350 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Five‑unit, three‑story brick mixed‑use property built in 1951; Four apartments completely rehabbed with new electric and plumbing; Hardwood floors, gas furnaces, and central air in the apartments
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