5-Unit Brick Apartment
New
For Sale
$799,000
3848 W Grand Avenue, Chicago, IL 60651
Five residential units are served by updated mechanical systems, with garage and tandem parking on site.
Property SizeContact for details
Days on Market5
Property Features for 3848 W Grand Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$10,413
Building Details
Year Built
1890
Construction
solid brick
Listing Agency:
Kale Realty
Listed By:
Nathan Harvey
(312) 213-2814
Source:
Dawnmckennagroup
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 2:59PM
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 Kale Realty
Investment Insights
Based on property information with market context.
This 1890 brick apartment building contains five units and has newer mechanical systems. A large basement with a three-step-down layout offers potential for an additional unit. The property also includes a two-car garage and a tandem parking pad.
Located on West Grand Avenue in Chicago’s Humboldt Park, the building uses a fully implemented Ratio Utility Billing System to recapture a large portion of water, hot water, sewer, and trash expenses. Kitchens and bathrooms could be updated, and central air could be added to each unit.
Located on West Grand Avenue in Chicago’s Humboldt Park, the building uses a fully implemented Ratio Utility Billing System to recapture a large portion of water, hot water, sewer, and trash expenses. Kitchens and bathrooms could be updated, and central air could be added to each unit.
Key Highlights
- Five‑unit brick apartment building constructed in 1890
- Large three‑step‑down basement with potential for an additional unit
- Newer mechanical systems
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units are served by updated mechanical systems, with garage and tandem parking on site.
Where is this apartment building located?
The property is located at 3848 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Five‑unit brick apartment building constructed in 1890; Large three‑step‑down basement with potential for an additional unit; Newer mechanical systems
