3821 Grand AveChicago, IL 60651

  • Other commercial real estate
  • 1,300 SF
For Sale

Property Details for 3821 Grand Ave

Year built
1985
Lot size
0.14 AC
Property size (Sq ft)
1,300 SF
Property type
Other commercial real estate
APN
16-02-128-002
APU
1602128002

Description

This exceptional 0.34-acre commercial and industrial land parcel, located at 3821 W. Grand Ave. in Chicago, IL, presents a unique investment opportunity. The property boasts 120 feet of frontage on W. Grand Ave. and includes a roughly 1,000 square foot building. The lot size totals 14,966 square feet. A completed Phase 1 environmental assessment is available, ensuring a clean and straightforward development process. The property is zoned C2-1 & B3-1, offering flexibility for a variety of commercial and industrial uses. This location qualifies for several geographically-based incentives, including HubZone, Pulaski Corridor TIF & SBIF District, Invest South/West, Qualified Investment Area, Small & Large Neighborhood Opportunity Fund, Build Community Wealth Bonus, Equitable Transit Oriented Development, Connected Communities Ordinance, and NMTC Designated Area. The property's Cook County APN is 16-02-128-002-0000. The zip code is 60651. This property is also available for sale as a package with the adjacent 3812 W. Grand Ave. property. This prime location and the availability of numerous incentives make this an attractive opportunity for developers seeking a strategic investment in Chicago's vibrant West Side.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $447,913
    Hospitality
    $410,286
    Educational
    $341,353
    Medical
    $353,092
    Retail
    $530,993
3821 Grand Ave, Chicago, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9043
Longitude
-87.7224
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,661
$29,980
$2,406
$32,386
-
$119,920
$9,624
$129,544

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.