5614 West Grand Avenue
5614 West Grand Avenue
$2,250,000
27
18
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Description
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...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.
- Listed by Ryan Blake • Essex 312, LLC
Property Details for 5614 West Grand Avenue
Area
CHI - Belmont Cragin
TownshipWest Chicago
Location
LISTING UPDATED: 04/07/2024 12:06 AM
Property Details for 5614 West Grand Avenue
Status | Active |
---|---|
MLS # | 11993940 |
Days on Market | 67 |
Taxes | $9,308 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1951 |
Lot Size | 0.22 AC / 9,413 SF |
County | Cook County |
Location
Building Information for 5614 West Grand Avenue
Stories-Residences9Year Built1951Building Size-Lot Size0.22 AC / 9,413 SF
Payment Calculator
$13,055 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5614 West Grand Avenue
Property History for 5614 West Grand Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5614 West Grand Avenue
Taxable ValueLand$4,705Additions$52,500Total$57,205
Tax Record2022$11,766 ($981 / month)
Home Facts
Total Finished SqFt8,600 SqFtAbove Grade Finished SqFt8,600 SqFtStories1Lot Size3,137 SqFtStyleMulti-Family Res (5+ Units)Year Built1951CountyCOOKAPN13-32-218-027
Schools near 5614 West Grand 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 - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Prieto Math-Science Elementary School PublicPK to 8 | ||
Steinmetz Academic Centre High School Public9 to 12 | ||
Prosser Career Academy High School Public9 to 12 | ||
ITW David Speer Academy 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.
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