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5118-5120 W Grand Ave 13 Unit Apartment Building $2,654,604 CAD ($204,200 CAD/Unit) Chicago, IL 60639
Executive Summary
Mixed-use investment opportunity in Chicago’s rapidly developing Cragin/Hanson Park corridor. Consisting of 10-Residential units and 3-Commercial storefront, offering strong in-place cash flow with long-term upside potential. B3-1 zoning. High-visibility Grand Ave., location with strong vehicles and pedestrian traffic. Conveniently located near CTA bus lines, Grand/Cicero Metra station, Brickyard retail corridor, Walmart, shopping centers, restaurants, and neighborhood services. Excellent income-producing asset with upside potential in a growing Northwest Side market.
Property Facts
| Price | $2,654,604 CAD | Building Class | C |
| Price Per Unit | $204,200 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 20,000 SF |
| No. Units | 13 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1928/2015 |
| Apartment Style | Low-Rise | Parking Ratio | 0.2/1,000 SF |
| Zoning | B3-1 - B3-1 Mixed-use district | ||
| Price | $2,654,604 CAD |
| Price Per Unit | $204,200 CAD |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 20,000 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1928/2015 |
| Parking Ratio | 0.2/1,000 SF |
| Zoning | B3-1 - B3-1 Mixed-use district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 8 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-33-224-029-0000 | Improvements Assessment | $23,731 CAD |
| Land Assessment | $57,165 CAD | Total Assessment | $80,896 CAD |
Property Taxes
Parcel Number
13-33-224-029-0000
Land Assessment
$57,165 CAD
Improvements Assessment
$23,731 CAD
Total Assessment
$80,896 CAD
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5118-5120 W Grand Ave
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