5118-5120 W Grand Ave - Apartments FOR SALE


Chicago, IL 60639- Cragin
$1,900,000 USD
773-983-1553
5118-5120 W Grand Ave, Chicago, IL for Sale
$1,900,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

5118-5120 W Grand Ave
Chicago, IL 60639
Cragin


OVERVIEW

Mixed-use investment opportunity in Chicago’s rapidly developing Cragin/Hanson Park corridor. Consisting of 10-Residential units and 3-Commercial storefront, offering strong in-place cash flow with long-term upside potential. B3-1 zoning. High-visibility Grand Ave., location with strong vehicles and pedestrian traffic. Conveniently located near CTA bus lines, Grand/Cicero Metra station, Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services. Excellent income-producing asset with upside potential in a growing Northwest Side market.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

13

PRICE/UNIT

$146,154

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

B3-1

APN/PARCEL ID

13-33-224-029-0000

ASK ABOUT THIS PROPERTY

Mark AhmadCentury 21 Circle CommercialMore Info
773-983-1553

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Mark AhmadCentury 21 Circle CommercialMore Info
773-983-1553

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.