3752 Huron St Chicago, IL 60624
- Garden apartment buildings
- 0.20 lot acres
Current Use by Public Records
- Garden apartment buildings
Property Details for 3752 Huron St
- Year built
- 1928
- Lot size
- 0.20 lot acres
- Property type
- Garden apartment buildings
- APN
- 16-11-104-025
- APU
- 1611104025
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $840,000
- 6.5%
- $900,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $900,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $825,000
- Retail
- $790,000
- Mixed-Use
- $825,000
- Hospitality
- $790,000
- Educational
- $860,000
- Residential Income
- $845,000
- Energy
- $770,000
- Income-Based Land
- $915,000
- Food Service
- $865,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7209
- Latitude
- 41.8939
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA