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3522 W Grenshaw St Chicago, IL 60624

For Sale
$1,145,000

Nine-unit building in Homan Square with strong rental upside.

Lot size:
0.13 Acres

Property Features for 3522 W Grenshaw St

General Information

Standard status
Active
Lot size
0.13 Acres

Building Details

Year built
1915

Source: REAL REALTY INC Agent ALEN REDZIC

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Homan Square Multifamily Investment Opportunity

This nine-unit walk-up building is located in the Homan Square neighborhood of North Lawndale. The property features a unit mix of six two-bedroom, one-bathroom units (900 square feet), one three-bedroom, one-bathroom unit, and two four-bedroom, one-bathroom units (1300 square feet). The building is well-maintained and cash-flowing, with stable tenants. There is potential for rental upside in units that have not recently turned over. Tenants are responsible for gas and electric utilities, while the landlord covers water and trash expenses. This property presents an opportunity for investors.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7140258
Latitude
41.8675396

FAQs

What type of property is this?
Apartment building - Nine-unit building in Homan Square with strong rental upside.
Where is this apartment building located?
The property is located at 3522 W Grenshaw St Chicago, IL.
What is the asking price?
The asking price for this property is $1,145,000.
What are key features of this property?
This property features: - Well-maintained, cash-flowing 9-unit building.; - Desirable unit mix: SIX 2-bed/1-bath, ONE 3-bed/1-bath, and TWO 4-bed/1-bath apartments.; - Located in the heart of Homan Square in North Lawndale.
More about this property
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