3533 W Grenshaw St
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3533 W Grenshaw St
6 Unit Apartment Building $1,264,212 CAD ($210,702 CAD/Unit) 11.23% Cap Rate Chicago, IL 60624
Investment Highlights
- The most desirable pocket of North Lawndale.
- The Foundation for Homan Square project referred to as the community “Beacon of Hope” has been a development catalyst for the West Side of Chicago.
- Bordered by I-290 (convenient access to downtown Chicago or Western Suburbs), Roosevelt Road and Homan Avenue.
- Homan Square has been a development hotspot for both public and private investment as north of $220M has been invested in the community
- Kedzie-Homan Blue Line station, 52 Kedzie/California and 82 Kimball/Homan buses
Executive Summary
Also available as a portfolio with 9-Unit at 3522 W Grenshaw for $1,900,000.
Highly desirable unit mix – Three (3) 3B/1ba’s and three (3) 5B/2ba’s. Very attractive to young couples or younger groups looking to convert excess space in to an office, aux space, peloton room, etc. Highly desirable unit mix – Three (3) 3B/1ba’s and three (3) 5B/2ba’s Tenants pay gas and electric, no common area. Landlord only responsible for Water/Trash.
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate
1600 West End Avenue,
Suite 1500
Highly desirable unit mix – Three (3) 3B/1ba’s and three (3) 5B/2ba’s. Very attractive to young couples or younger groups looking to convert excess space in to an office, aux space, peloton room, etc. Highly desirable unit mix – Three (3) 3B/1ba’s and three (3) 5B/2ba’s Tenants pay gas and electric, no common area. Landlord only responsible for Water/Trash.
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate
1600 West End Avenue,
Suite 1500
Property Facts
| Price | $1,264,212 CAD | Building Class | C |
| Price Per Unit | $210,702 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 7,500 SF |
| Cap Rate | 11.23% | No. Stories | 4 |
| No. Units | 6 | Year Built | 2000 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | $1,264,212 CAD |
| Price Per Unit | $210,702 CAD |
| Sale Type | Investment |
| Cap Rate | 11.23% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,500 SF |
| No. Stories | 4 |
| Year Built | 2000 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | - | - |
| 5+2 | 3 | - | - |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 16-14-426-009-0000 | Improvements Assessment | $48,353 CAD |
| Land Assessment | $10,246 CAD | Total Assessment | $58,599 CAD |
PROPERTY TAXES
Parcel Number
16-14-426-009-0000
Land Assessment
$10,246 CAD
Improvements Assessment
$48,353 CAD
Total Assessment
$58,599 CAD
zoning
| Zoning Code | Rt-4 (Residential Two-Flat, Townhouse and Multi-Unit District) |
| Rt-4 (Residential Two-Flat, Townhouse and Multi-Unit District) |
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John Wrenn -
John Solari -
Matthews Real Estate Investment Services
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3533 W Grenshaw St
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