32-Unit Apartment
For Sale
$3,950,000
Pending
990 992 994 CHICAGO AVE, Harrisonburg, VA 22802
Building, HARRISONBURG, VA
Property Size15,712 SF
Lot Size1.65 Acres
Days on Market175
Property Features for 990 992 994 CHICAGO AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-3 Multiple Dwelling Res
Directions
Mount Clinton Pike, Left onto Chicago Ave, properties on the left side.
Subdivision
Harrisonburg
Standard status
Pending
APN
047 P 1
Size
15,712 SF
Lot size
1.65 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
31027
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Wall Unit(s), Wall/Window Unit(s)
Amenities
community laundry room
Building Details
Year built
1986
Roof type
Composition
Listing Agency:
Funkhouser Real Estate Group
(540) 434-2400
Listed By:
Ryan Roberts · License #0225101587
(540) 434-2400
Added: Mar 11
Changed: Aug 29
Last Checked: Sep 1 at 2:06PM
MLS# 674218
Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property comprises three apartment buildings constructed in 1986, with brick exterior walls, composition shingle roofs, and concrete slab foundations. The 32 apartments are configured as one-bedroom units measuring 475 square feet, with baseboard heating and wall-mounted air conditioning. A community laundry room serves the property, and 17 apartments feature upgraded LVP flooring.
The buildings are located at 990, 992, and 994 Chicago Avenue in Harrisonburg, near EMU and downtown Harrisonburg. The property is zoned R-3 Multiple Dwelling Res and includes 15,712 square feet of building area. Current occupancy is 100%.
The buildings are located at 990, 992, and 994 Chicago Avenue in Harrisonburg, near EMU and downtown Harrisonburg. The property is zoned R-3 Multiple Dwelling Res and includes 15,712 square feet of building area. Current occupancy is 100%.
Key Highlights
- 32 one‑bedroom apartments across three buildings
- 475‑square‑foot apartment units
- 17 apartments upgraded with LVP flooring
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 22802, VA
28,383
Population
11,957
Households
2.4
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
91.0 sq mi
ZIP Area
312
Density / Sq Mi
$62,116
Median Household Income
$36,875
Median Earnings
$1,101
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three brick apartment buildings with one-bedroom units, community laundry, baseboard heat, and wall-mounted air conditioning.
Where is this apartment building located?
The property is located at 990 992 994 CHICAGO AVE Harrisonburg, VA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 32 one‑bedroom apartments across three buildings; 475‑square‑foot apartment units; 17 apartments upgraded with LVP flooring
