$1,100,000
3748 W DIVISION Street
Chicago, IL, 60651
Fantastic corner building in West Humboldt Park. This renovated 7 unit building has 5 apartments and 2 retail spaces. This fully occupied building features mostly hardwood and some vinyl flooring, individual furnaces, stainless steel appliances, granite countertops, and overall condo quality units. The unit mix for the apartments: 4- 2 bedroom / 1 bathroom ; 1- 2 bedroom / 2 bathroom; 2 retail spaces; 1 parking space. The tenants are market rate and pay their own utilities, with the retail tenants being billed back for usage. Retail tenants are on long term modified gross leases. Outdoor signage income as well. This neighborhood has been rapidly improving with the recent addition of the Amazon distribution center is only fueling the growth. This is a cash cow investment property with a diversified income stream. Make it a part of your portfolio today!
Property Details
Price:
$1,100,000
MLS #:
MRD11963781
Status:
Active
Beds:
0
Baths:
0
Address:
3748 W DIVISION Street
Type:
Commercial
City:
Chicago
Listed Date:
Jan 18, 2024
State:
IL
ZIP:
60651
Year Built:
1926
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Roof
Membrane
Financial
Buyer Agent Compensation
2%- $300(NET SALE PRICE)Net Sale Price
Tax Year
2022
Taxes
$8,021
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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3748 W DIVISION Street
Chicago, IL
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