Building Details

Year Built 1905

Construction Greystone

Listing Agency: Coldwell Banker Real Estate LLC j***@cbexchange.com Show Phone

Listed By: John Debaz · License #475103035 Show Phone

Source: Compass

Added: May 25 Changed: Aug 8 Last Checked: Jul 24 at 2:18PM

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Investment Insights

Based on property information with market context.

This 3-unit greystone income property is configured with three separate forced-air furnaces and three A/C condensers located on the roof. Each unit has its own hot water tank, with tanks replaced within the past three years, and each unit has a separate electric panel. Unit 1 has been freshly painted and has new flooring and is ready to be rented.

Units 2 and 3 are currently occupied by very longtime tenants and operate on a month-to-month arrangement.

The property is offered for sale as a 3-unit residential income asset in North Lawndale.

Key Highlights

• 3‑unit greystone building built in 1905 with separate forced‑air systems for independent unit setups
• Three separate forced‑air furnaces plus three roof A/C condensers
• Separate hot water tanks replaced within the past 3 years

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Bakery Computer & Electronic Repair

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

3

Residential units

Location Intelligence

Trade Area within ½ mile

980

Businesses Nearby

Explore this area Business Placement

Demographics for 60624, IL

37,547

Population

16,250

Households

2.3

Avg Household Size

34

Median Age

13%

College-Educated

77%

High-School Grad

3.5 sq mi

ZIP Area

10,728

Density / Sq Mi

$32,607

Median Household Income

$30,924

Median Earnings

$1,152

Median Rent

$223,200

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 - Three separate forced-air systems and roof A/C units support independent living across the three units.

Where is this triplex located?

The property is located at 3712 West Grenshaw Street Chicago, IL.

What is the asking price?

The asking price for this property is $339,900.

What are key features of this property?

This property features: 3‑unit greystone building built in 1905 with separate forced‑air systems for independent unit setups; Three separate forced‑air furnaces plus three roof A/C condensers; Separate hot water tanks replaced within the past 3 years