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3748 W Division Street

Chicago, IL 60651
  • $1,050,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: 12169404
$1,050,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Description

Fantastic corner building in West Humboldt Park. This renovated 7 unit building has 5 apartments and 2 retail spaces. This fully occupied building features mostly hardwood and some vinyl flooring, individual furnaces, stainless steel appliances, granite countertops, and overall condo quality units. The unit mix for the apartments: 4- 2 bedroom / 1 bathroom ; 1- 2 bedroom / 2 bathroom; 2 retail spaces; 1 parking space. The tenants are market rate with separate utilities, with the retail tenants being billed back for usage. Overall low operating expenses. Retail tenants are on long term GM leases. Outdoor signage income as well. This neighborhood has been rapidly improving with the recent addition of the Amazon distribution center is only fueling the growth. This is a great cash flowing investment property with a diversified income stream. Can be purchased with 3962 W Grand (MLS# 12161123)

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-05T23:59:05.13 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3748 W Division Street Chicago, IL 60651

  • Price: $1,050,000
  • Status: Active
  • On Site: 138 Days
  • MLS #: 12169404
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Fantastic corner building in West Humboldt Park. This renovated 7 unit building has 5 apartments and 2 retail spaces. This fully occupied building features mostly hardwood and some vinyl flooring, individual furnaces, stainless steel appliances, granite countertops, and overall condo quality units. The unit mix for the apartments: 4- 2 bedroom / 1 bathroom ; 1- 2 bedroom / 2 bathroom; 2 retail spaces; 1 parking space. The tenants are market rate with separate utilities, with the retail tenants being billed back for usage. Overall low operating expenses. Retail tenants are on long term GM leases. Outdoor signage income as well. This neighborhood has been rapidly improving with the recent addition of the Amazon distribution center is only fueling the growth. This is a great cash flowing investment property with a diversified income stream. Can be purchased with 3962 W Grand (MLS# 12161123)
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Outdoor Parking Fenced Roof Membrane Roof Structure Flat

Interior Features

Cooling None Fireplaces Total 0 Heat Ventilation ElectricForced Air Number Of Dishwashers 5 Number Of Dryers 5 Number Of Ranges 0 Number Of Washers 5

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Circuit BreakersSeparate Meters Fire Protection Fire Extinguisher/s Gross Income 124191 Gross Scheduled Income 124191 Insurance Expense 3500 Location CornerMixed Use AreaPublic Transport AvailHigh Traffic Area Maintenance Expense 1986 Mls Actual Status Active Net Operating Income 88081 Operating Expense 29987 Ownership Types Limited Liability Corp Possible Use Multi-FamilyRetail Tax Annual Amount 6930 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 10205 Township West Chicago Type Multi Family 5+ Utilities None

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of 33 Realty: 773-327-4975.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-05T23:59:05.13 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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