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 with separate utilities, with the retail tenants being billed back for usage. Overall low operating expenses. Retail tenants are on long term GM 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 great cash flowing investment property with a diversified income stream. Can be purchased with 3962 W Grand (MLS# 12161123)
Based on information submitted to the MLS GRID as of 10/10/2024 12:09 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
