3801 West Chicago Avenue

Chicago, IL 60651

$289,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity! 2 unit - mixed use property on the corner lot in Humboldt Park! Needs updating of apartment rental unit of 1500 sq ft. Long standing first floor commercial tenant lease $1350 with two year remaining that would love to stay. Rent is under market because no increases over the last several years. There are many developments by both the city and private investors happening in the immediate area. There are NO city code violations on property. Property being sold "As-Is"Great opportunity! 2 unit - mixed use property on the corner lot in Humboldt Park! Needs updating of apartment rental unit of 1500 sq ft. Long standing first floor commercial tenant lease $1350 with two year remaining that would love to stay. Rent is under market because no increases over the last several years. There are many developments by both the city and private investors happening in the immediate area. There are NO city code violations on property. Property being sold "As-Is"
  1. Listed by Dimitia McIntyre • Blue Master LLC

Property Details for 3801 West Chicago Avenue

Area
CHI - Humboldt Park
Township
West Chicago
Zoning
COMMR

Location

Listing Courtesy of Blue Master LLC
Add your commute
LISTING UPDATED: 04/17/2024 12:07 AM

Property Details for 3801 West Chicago Avenue

StatusActive
MLS #12027387
Days on Market22
Taxes$1,986 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1881
Lot Size0.07 AC / 3,000 SF
CountyCook County

Location

Listing Courtesy of Blue Master LLC
Add your commute

Building Information for 3801 West Chicago Avenue

Stories-Residences2Year Built1881Lot Size0.07 AC / 3,000 SF

Payment Calculator

$1,743 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,577

Property Taxes

$166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3801 West Chicago Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: Parking-Street
  • Open Parking Spaces: 0.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany,Show-Special Instructions
  • Postal Code Plus 4: 3704
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Partial
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Repairs, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 24 X125
  • Lot Size Square Feet: 3000.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 3216
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Location: Mixed Use Area,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $1,730.00
  • Gross Income: $1,350.00
  • Gross Scheduled Income: $16,200.00
  • Insurance Expense: $1,410.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 1350
  • Water Expense Source: Owner Projection
  • Operating Expense: $3,000.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $480.00

Property History for 3801 West Chicago 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 3801 West Chicago Avenue

Taxable ValueLand$3,525Additions$4,475Total$8,000
Tax Record2022$1,986 ($166 / month)
Home Facts
Baths2Total Finished SqFt3,216 SqFtAbove Grade Finished SqFt3,216 SqFtStories2Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1881CountyCOOKAPN16-11-103-010

Schools near 3801 West Chicago 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
Charter - K to 7
Rating
School
Distance
Ward L Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Rowe-Clark Math & Science Academy
Charter9 to 12

KIPP One Academy
CharterK to 7

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3801 West Chicago Avenue is a mixed use property for sale in Chicago, IL 60651. This property was listed for sale on April 11, 2024 by Blue Master LLC, it's currently listed at $289,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Ward L Elementary School, Orr Academy High School and Rowe-Clark Math & Science Academy. 3801 West Chicago Avenue is a 0-bed, 0-bath, mixed use property built in 1881.

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 Blue Master 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 04/17/2024 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.