3858 W Grenshaw Street
Property Description
Built in 2006, Income Producing & Room to Grow! This tenant-occupied 2-unit offers an opportunity to acquire a multifamily property with existing rental income and potential for future income growth. Each unit features 3 bedrooms, 1 full bath, separate living and dining rooms, kitchen, and wood flooring. Tenants pay their own utilities, helping reduce owner-paid operating expenses. Current rents may offer an opportunity for future increases based on prevailing market rents and subject to existing lease terms and applicable regulations. The gated rear yard includes a parking pad for convenient off-street parking. The property offers access to public transportation, neighborhood shopping and services, parks and recreation, major thoroughfares, the Illinois Medical District, and Downtown Chicago. With two 3-bedroom units, tenant-paid utilities, existing rental income, off-street parking, and 2006 construction, this property offers several features for consideration by a future owner. Tenant occupied; property is being sold subject to existing leases and tenant rights.
Broker Details
Trademarks & Associates, LLC (773) 783-9525
MLS ID: 217706 State License Number: 471006293
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $385,000 |
| Year Built: | 2006 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-MREDIL-12752794
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