3725 West Grand Avenue

Chicago, IL 60651

$1,650,000
Price
24
Beds
15
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great multi-family investment opportunity in the West Humboldt Park neighborhood. This 15 unit L-shaped building consisting of 3 large studios and 12 two-bedroom one-bath apartments as well as a 4 car garage plus one additional surface parking space. The units feature stainless steal appliances, updated bathrooms, hardwood flooring, and newer windows. The building has all new electrical through out, newer individual furnaces, a newer roof (2018), and has been recently tuckpointed. Overall a great...Great multi-family investment opportunity in the West Humboldt Park neighborhood. This 15 unit L-shaped building consisting of 3 large studios and 12 two-bedroom one-bath apartments as well as a 4 car garage plus one additional surface parking space. The units feature stainless steal appliances, updated bathrooms, hardwood flooring, and newer windows. The building has all new electrical through out, newer individual furnaces, a newer roof (2018), and has been recently tuckpointed. Overall a great opportunity to add to your portfolio in an improving neighborhood with upside in the rents.
  1. Listed by Davis Edgerly • 33 Realty

Property Details for 3725 West Grand Avenue

Area
CHI - Humboldt Park
LISTING UPDATED: 11/14/2024 02:01 AM

Property Details for 3725 West Grand Avenue

StatusNew
MLS #12208795
Days on Market3
Taxes$23,635 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Courtyard
Year Built1929
Lot Size0.19 AC / 8,276 SF
CountyCook County

Building Information for 3725 West Grand Avenue

Stories3Residences15Year Built1929Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 3725 West Grand Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air,Separate Per Unit
  • Num of Baths: 15.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Courtyard
  • Lot Dimensions: 8400
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 16
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: 15
Income & Expenses
  • Electric Expense: $1,024.00
  • Fuel Expense: $2,890.00
  • Gross Income: $209,184.00
  • Gross Scheduled Income: $209,184.00
  • Insurance Expense: $11,078.00
  • Maintenance Expense: $7,500.00
  • Manager Expense: $13,797.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 3044
  • Manager Expense Source: AC
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 17432
  • Water Expense Source: Actual
  • Net Operating Income: $120,846.00
  • Operating Expense: $78,338.00
  • Other Expense: $4,200.00
  • Trash Expense: $3,135.00
  • Water Sewer Expense: $8,035.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 12
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
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 3725 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 3725 West Grand Avenue

Taxable ValueLand$16,700Additions$94,983Total$111,683
Tax Record2022$22,971 ($1,914 / month)
Home Facts
Stories3Lot Size8,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyCOOKAPN16-02-130-005

Schools near 3725 West Grand Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Cameron Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Noble St Charter-Rowe-Clark MS Acad
Charter9 to 12

KIPP One Academy
CharterK to 8

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.

Neighborhood Map and Transit

Similar Homes

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3725 West Grand Avenue is a multi-family home for sale in Chicago, IL 60651. This property was listed for sale on November 12, 2024 by 33 Realty, it's currently listed at $1,650,000. It has been on the market for a total of 3 days and was last sold on June 2, 2015. This listing's school district is Chicago Public Schools. Nearby schools include Cameron Elementary School, Orr Academy High School and Noble St Charter-Rowe-Clark MS Acad. 3725 West Grand Avenue is a 24-bed, 15-bath, multi-family home built in 1929.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 33 Realty

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 11/14/2024 02:01 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.