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  • Price$2,250,000
  • Built1951

5614 West Grand Avenue, Chicago

This exciting investment opportunity features three adjacent 3-unit new construction apartment buildings located in Chicago's Belmont Cragin neighborhood in a CHA Mobility Area. Completed in 2022, each building consists of three 3BD/2Ba units with luxury finishes, individual HVAC, and in-unit laundry. The apartments layout favorably with open floor plans and a large primary bedroom/bath. Units feature a dedicated parking space, private balcony or patio, storage, and individual water tanks. This is an opportunity to buy a newly-constructed, well-designed and highly-amenitized asset that is among the nicest product in a still affordable submarket. Achieve stability and rent upside with professional management and leasing. The properties are situated northwest of downtown Chicago near Hanson Park in the Belmont Cragin Neighborhood. This quiet area is primarily residential and light industrial uses. The subject property is 1 block from the Metra Hanson Park station and near CTA bus routes. This is a portfolio with 2 separate PIN's - properties can be sold separately.

Essential Information

  • MLS® #11993940
  • Price$2,250,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1951
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusActive
  • Taxes$9,308

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeEssex 312, Llc

Community Information

  • Address5614 West Grand Avenue
  • AreaCHI - Belmont Cragin
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60639

Additional Information

  • Days on Market64

Price Change History for 5614 West Grand Avenue, Chicago, IL (MLS® #11993940)

Date Details Price Change
Active
Re-activated
Price Reduced (from $2,350,000) $2,250,000 $100,000 ( 4.26% )
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 7th, 2024 at 9:53pm CDT.