3920 West Grand Avenue

Chicago, IL 60651

$865,000
Price
13
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Historic Humboldt Park offers this rare and hard to find brick 3-story 6 unit with a non-conforming 7th unit. The 2nd and 3rd floor 4 units consist of 6 rooms, 2 bedrooms plus a bonus den. Hardwood floors throughout, large living rooms & formal dining rooms w/ spacious kitchens. The 2 first floor units feature 5 rooms, 2 bedrooms. Living rooms with open kitchens. The 7th unit in the rear of the first floor is a 3 room 1 bedroom. All units have separate GFA heat. One unit has central air. Common hot...Historic Humboldt Park offers this rare and hard to find brick 3-story 6 unit with a non-conforming 7th unit. The 2nd and 3rd floor 4 units consist of 6 rooms, 2 bedrooms plus a bonus den. Hardwood floors throughout, large living rooms & formal dining rooms w/ spacious kitchens. The 2 first floor units feature 5 rooms, 2 bedrooms. Living rooms with open kitchens. The 7th unit in the rear of the first floor is a 3 room 1 bedroom. All units have separate GFA heat. One unit has central air. Common hot water tank for the building & separate CB electric meters for all units. Coin operated laundry for extra income. Beautiful large backyard with a 2-car brick garage (potential for additional income). Great units and tenants... Long time tenants. All tenants are M to M. Complete tear off roof in 2021 and back windows of property. The owner has done several updates throughout the years. Property is being sold in AS-IS but a great opportunity for a savvy investor in a prime location!
  1. Listed by Geraldo Roman • Roman Properties, LLC.
  2. Listed by Marco Aguirre • Roman Properties, LLC.

Property Details for 3920 West Grand Avenue

Area
CHI - Humboldt Park
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Roman Properties, LLC.
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LISTING UPDATED: 05/24/2024 12:07 AM

Property Details for 3920 West Grand Avenue

StatusActive
MLS #12037492
Days on Market20
Taxes$8,639 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1927
Lot Size0.13 AC / 5,804 SF
CountyCook County

Location

Listing Courtesy of Roman Properties, LLC.
Add your commute

Virtual Tour

Building Information for 3920 West Grand Avenue

Stories-Residences7Year Built1927Building Size-Lot Size0.13 AC / 5,804 SF

Payment Calculator

$5,441 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,721

Property Taxes

$720

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3920 West Grand Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 2.0
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 2
  • Basement Description: Partially Finished
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 7
  • Misc Inside: Laundry Room
  • # Of Dryers: 2
  • # Of Disposals: 0
  • Num of Baths: 7.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 44X130
  • Lot Size Square Feet: 5804.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • # Of Ranges: 7
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 3
  • Document Date: 2024-05-15T15:08:25
  • Photos Count: 47
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $1,800.00
  • Fuel Expense: $2,400.00
  • Gross Income: $71,400.00
  • Gross Scheduled Income: $72,300.00
  • Insurance Expense: $6,000.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2022
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Manager Expense Source: OP
  • Net Operating Income Year: 2022
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 6025
  • Water Expense Source: Owner Projection
  • Net Operating Income: $47,461.00
  • Operating Expense: $16,200.00
  • Other Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $3,600.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 3920 West Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3920 West Grand Avenue

Taxable ValueLand$7,625Additions$34,375Total$42,000
Tax Record2022$8,639 ($720 / month)
Home Facts
Baths5Total Finished SqFt5,058 SqFtAbove Grade Finished SqFt5,058 SqFtStories3Lot Size5,804 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN16-02-116-011

Schools near 3920 West Grand Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - 7 to 12
Rating
School
Distance
Cameron Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Pritzker College Prep
Charter9 to 12

Marine Leadership Academy - Ames
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3920 West Grand Avenue is a multi-family home for sale in Chicago, IL 60651. This property was listed for sale on May 18, 2024 by Roman Properties, LLC., it's currently listed at $865,000. It has been on the market for a total of 20 days and was last sold on November 8, 2004. This listing's school district is City Of Chicago School District 299. Nearby schools include Cameron Elementary School, Orr Academy High School and Pritzker College Prep. 3920 West Grand Avenue is a 13-bed, 7-bath, multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Roman Properties, LLC.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/24/2024 12:07 AM. 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.