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    3752 Huron St Chicago, IL 60624

    Sponsored
    For Sale
    $1,500,000

    Turnkey 14-unit apartment building, Chicago.

    Property size:
    12,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This stabilized multifamily investment opportunity presents a 14-unit apartment building located at 3752 W Huron St, Chicago, IL 60624. The property, built in 1928 and extensively renovated in 2022, boasts 12,200 square feet across three stories within a single building situated on a 6,250 square foot lot. The asking price is $1,500,000. All 14 units feature modern kitchens with stainless steel appliances, updated bathrooms, exquisite hardwood flooring, and in-unit laundry. Recent improvements include a new roof, porch system, updated plumbing, and a new exterior security camera system. The property is zoned RT-4 and benefits from its location near numerous bus stops, CTA, and Metra lines. This cash-flowing asset offers above-average rents and a below-market price per unit, presenting value-add opportunities through potential rent increases or short-term rentals. Further details, including financial information, are available upon request and execution of a non-disclosure agreement (NDA) and proof of funds (POF). The Cook County Assessor's Parcel Number (APN) is 16111040250000.

    Property Features for 3752 Huron St

    General Information

    Property type
    Multifamily properties
    Square Feet
    12,200 SF

    Building Details

    Year Built/Renovated
    1928/2022
    Buildings
    1
    Stories
    3
    Units
    14

    HighLights

    • Turnkey property ready for immediate occupancy.
    • All units have been recently renovated.
    • Property is well‑maintained and in excellent condition.
    • Significant value‑add potential through rent increases or short‑term rentals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -87.7209224
    Latitude
    41.8938872

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    FAQs

    What type of property is this?
    Multifamily property - Turnkey 14-unit apartment building, Chicago.
    Where is this multifamily property located?
    The property is located at 3752 Huron St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Turnkey property ready for immediate occupancy.; All units have been recently renovated.; Property is well-maintained and in excellent condition.
    Request Owner's contact information
    3752 Huron St Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3752 Huron St Chicago, IL 60624
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