840 West Grand Avenue

Chicago, IL 60642

$1,417,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The subject property is located at 838-840 West Grand Ave., Chicago, IL 60642 (the "Property"). This is an urban mixed-use investment located in Chicago's dense and affluent River West neighborhood. The subject property is zoned DX-3 and situated in a mixed commercial and residential city setting. Featuring a two-story building, 6,243 SF GLA, 3,092 SF (76.74 x 40.29) lot, and 4 plus car parking. The latest neighborhood investments such as new construction condos/rentals, restaurants, nightlife, supermarkets...The subject property is located at 838-840 West Grand Ave., Chicago, IL 60642 (the "Property"). This is an urban mixed-use investment located in Chicago's dense and affluent River West neighborhood. The subject property is zoned DX-3 and situated in a mixed commercial and residential city setting. Featuring a two-story building, 6,243 SF GLA, 3,092 SF (76.74 x 40.29) lot, and 4 plus car parking. The latest neighborhood investments such as new construction condos/rentals, restaurants, nightlife, supermarkets have steadily brought in new homeowners and tenants to this thrilling neighborhood of Chicago. The subject property presents the unique opportunity to acquire a stand-alone building in Fulton Market District. This is an excellent investment and potential future development opportunity.
  1. Listed by Wesley Jonberg • Baird & Warner

Property Details for 840 West Grand Avenue

Area
CHI - West Town
Township
West Chicago
Zoning
COMMR
LISTING UPDATED: 06/27/2024 10:48 AM

Property Details for 840 West Grand Avenue

StatusContingent
MLS #11362908
Days on Market836
Taxes$24,131 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1913
Lot Size0.07 AC / 3,092 SF
CountyCook County

Building Information for 840 West Grand Avenue

Stories-Residences6Year Built1913Lot Size0.07 AC / 3,092 SF

Property Information for 840 West Grand Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 2.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Other
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 76.74X40.29
  • Lot Size Square Feet: 3092.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Other
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6243
  • # Of Offices: 2
  • # Of Stores: 0
  • Property Sub Type: Apts/Ofc/Store, Apts/Ofc, Apts/Stores, Ofc/Store
Property and Assessments
  • Possible Use: Commercial, Condominium, Office and Research, Development, Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 9
Miscellaneous
  • Current Use: Office
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $45,600.00
  • Gross Scheduled Income: $45,600.00
  • Insurance Expense: $.00
  • Total Monthly Income: 3800
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 840 West Grand 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 840 West Grand Avenue

Taxable ValueLand$16,152Additions$103,848Total$120,000
Tax Record2022$24,682 ($2,057 / month)
Home Facts
Baths5.5Total Finished SqFt6,243 SqFtAbove Grade Finished SqFt6,243 SqFtStories3Lot Size2,692 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyCOOKAPN17-08-243-017

Schools near 840 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 - K to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Ogden Int High School
Public9 to 12

Uno Network Charter School
CharterK 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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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 Baird & Warner

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 06/27/2024 10:48 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.