3863 Grand Avenue

    Chicago, IL 60651
    • $495,000
    • STATUS: Active
    • ON SITE: 80 days
    • MLS #: 10321407
    UPDATED: 218 min ago
    $495,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,916
      SQFT
    • $101
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1908
    County:

    School Ratings & Info

    Description

    GREAT FREESTANDING MASONRY COMMERCIAL MIXED USE RETAIL BUILDING, 4 UNITS, 1 RETAIL UNIT, I STORAGE UNIT, 2 RESIDENTIAL APTS UNIT 1 - 3 BED 1 BATH, - $1,100 A MO, REAR UNIT IS A 2 BED 1 BA - $900 A MO, 4TH UNIT IS STORAGE FOR RETAIL SPACE BUILDING IS WELL MAINTAINED & THE APTS ARE IN GOOD SHAPE, B3-1 ZONING, BUILDING IS 4916 SQ FEET, LOT IS 3812 SQ FT, 115X132X64, TRIANGULAR SHAPPED CORNER LOT, RIGHT ON THE SOUTH EAST CORNER OF GRAND AVE AND SPRINGFIELD, OUTSTANDING FRONTAGE AND VISIBILITY WITH 64 SQ FT OF FRONTAGE ON GRAND, 14,900 CARS PASS THIS LOCATION A DAY. LARGE RETAIL SPACE OCCUPIED BY A SMALL GROCERY/LIQUOR STORE WITH A 9 YEAR REMAINING LEASE, FROM LAST YEAR $2000 A MO, RETAIL SPACE IS CLEAN AND BRIGHT, 200 AMP ELECTRIC SYSTEM, RECENTLY REDONE REAR PORCH & STAIRS, SMALL FENCED REAR YARD 12' CEILINGS, CLOSE TO HUMBOLDT PARK, USE FOR INVESTMENT PROPERTY OR YOU CAN REDEVELOP, GREAT POTENTIAL HERE, VERY USEFUL BUILDING, COME TAKE A LOOK!!! PIN NUMBER - 16021270010000

    Monthly Payment Calculator



    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-06-15T23:51:11.883 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.thewexlergroup.com/homes/93082812

    3863 Grand Avenue Chicago, IL 60651

    • Price: $495,000
    • Status: Active
    • Updated: 218 min ago
    • MLS #: 10321407
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,916
    SQFT
    $101
    $/SQFT
    1908
    Built
    Neighborhood:
    Chi - Humboldt Park
    County:
    Cook
    Area:
    Chi - Humboldt Park
    Property Description
    GREAT FREESTANDING MASONRY COMMERCIAL MIXED USE RETAIL BUILDING, 4 UNITS, 1 RETAIL UNIT, I STORAGE UNIT, 2 RESIDENTIAL APTS UNIT 1 - 3 BED 1 BATH, - $1,100 A MO, REAR UNIT IS A 2 BED 1 BA - $900 A MO, 4TH UNIT IS STORAGE FOR RETAIL SPACE BUILDING IS WELL MAINTAINED & THE APTS ARE IN GOOD SHAPE, B3-1 ZONING, BUILDING IS 4916 SQ FEET, LOT IS 3812 SQ FT, 115X132X64, TRIANGULAR SHAPPED CORNER LOT, RIGHT ON THE SOUTH EAST CORNER OF GRAND AVE AND SPRINGFIELD, OUTSTANDING FRONTAGE AND VISIBILITY WITH 64 SQ FT OF FRONTAGE ON GRAND, 14,900 CARS PASS THIS LOCATION A DAY. LARGE RETAIL SPACE OCCUPIED BY A SMALL GROCERY/LIQUOR STORE WITH A 9 YEAR REMAINING LEASE, FROM LAST YEAR $2000 A MO, RETAIL SPACE IS CLEAN AND BRIGHT, 200 AMP ELECTRIC SYSTEM, RECENTLY REDONE REAR PORCH & STAIRS, SMALL FENCED REAR YARD 12' CEILINGS, CLOSE TO HUMBOLDT PARK, USE FOR INVESTMENT PROPERTY OR YOU CAN REDEVELOP, GREAT POTENTIAL HERE, VERY USEFUL BUILDING, COME TAKE A LOOK!!! PIN NUMBER - 16021270010000
    Exterior Features

    Construction Brick Frontage Access City StreetPublic RoadState Road Location Central Business DistrictMixed Use AreaPublic Transport Avail Lot Dimensions Less Than .25 Acres Lot Sq Ft 3812 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Fire Protection None Number Of Apts 2 Number Of Offices 1 Number Of Stores 1 Number Of Stories 1

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electric Expense Source Owner Projection Electrical Service Circuit Breakers Electricity Expense 30 Expense Year 2017 Exterior Building Type Brick Fuel Expense 0 Fuel Expense Source Actual Geographic Locale Chicago North Gross Rental Income Amount 39600 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 1565 Insurance Expense Source Broker Projection Miscellaneous Outside Enclosed PorchEnclosed Stairs Net Oper Income Amount 31800 Net Operating Income Year 2017 Other Expense Source Broker Projection Other Expenses 0 Possession ClosingImmediate Potential Use CommercialRetail Rental Price 0 Sale Terms Conventional Tax Year 2017 Taxes 4712 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 7800 Total Annual Expense Source Owner Projection Total Annual Income 39600 Total Monthly Income 3300 Township West Chicago Unincorporated YN No Water Expense 1245 Water Expense Source Broker Projection Zoning Type Rtail

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties Commercial.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-06-15T23:51:11.883 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467