3821 Grand AveChicago, IL 60651
- Other commercial real estate
- 1,300 SF
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












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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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