3821 West North Avenue

Chicago, IL 60647

$499,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare opportunity to acquire a storefront property with three apartments located in a high-traffic area on North Ave. The property, which includes a bicycle repair shop owned by the current owner, is in need of renovation. Two spacious one-bedroom apartments are currently rented, while the third requires a complete overhaul. Situated mere blocks from the anticipated multi-million dollar revitalization project of the historic Pioneer Bank building into a mixed-use space with offices, a cafe, and apartments....Rare opportunity to acquire a storefront property with three apartments located in a high-traffic area on North Ave. The property, which includes a bicycle repair shop owned by the current owner, is in need of renovation. Two spacious one-bedroom apartments are currently rented, while the third requires a complete overhaul. Situated mere blocks from the anticipated multi-million dollar revitalization project of the historic Pioneer Bank building into a mixed-use space with offices, a cafe, and apartments. Don't miss out on this unique investment opportunity.
  1. Listed by Heriberto Ruiz • R4 Commercial Real Estate Solutions
  2. Listed by David Ruiz • R4 Commercial Real Estate Solutions

Property Details for 3821 West North Avenue

Area
CHI - Humboldt Park

Location

Listing Courtesy of R4 Commercial Real Estate Solutions
Add your commute
LISTING UPDATED: 03/19/2024 12:08 AM

Property Details for 3821 West North Avenue

StatusActive
MLS #12002169
Days on Market80
Taxes$7,843 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1910
Lot Size0.07 AC / 3,000 SF
CountyCook County

Location

Listing Courtesy of R4 Commercial Real Estate Solutions
Add your commute

Building Information for 3821 West North Avenue

Stories-Residences4Year Built1910Lot Size0.07 AC / 3,000 SF

Payment Calculator

$3,377 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$654

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3821 West North Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago North
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Wall Unit
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 24 X 125
  • Lot Size Square Feet: 3000.0
  • Stories: 2
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • # Of Stores: 1
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-03-13T13:01:49
  • Photos Count: 19
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $15,600.00
  • Gross Scheduled Income: $44,400.00
  • Insurance Expense: $.00
  • Total Monthly Income: 1300
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 3821 West North 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 3821 West North Avenue

Taxable ValueLand$3,600Additions$35,400Total$39,000
Tax Record2022$8,022 ($668 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,238 SqFtAbove Grade Finished SqFt2,238 SqFtStories1Lot Size3,000 SqFtStyleSingle Family ResidenceYear Built1907CountyCOOKAPN16-02-103-002

Schools near 3821 West North Avenue

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

Orr Academy High School
Public9 to 12

Marine Leadership Academy - Ames
Public7 to 12

Pritzker College Prep
Charter9 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.

Neighborhood Map and Transit

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3821 West North Avenue is a mixed use property for sale in Chicago, IL 60647. This property was listed for sale on March 13, 2024 by R4 Commercial Real Estate Solutions, it's currently listed at $499,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Cameron Elementary School, Orr Academy High School and Marine Leadership Academy - Ames. 3821 West North Avenue is a 0-bed, 0-bath, mixed use property built in 1910.

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 R4 Commercial Real Estate Solutions

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 03/19/2024 12:08 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.