3538 West Grenshaw Street, Chicago, IL

$650,000

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About 3538 West Grenshaw Street

Six (6) unit brick apartment building located in Homan Square. Each unit is a 2 bed 1 bath, ~1000 square foot unit, offering convenience in leasing. All six units were rehabbed in the past few years have been well maintained. Mechanical Information: in-unit and separate furnaces + hot water tanks, updated roofing, newer windows. The building is fully occupied and 5/6 tenants are subsidized through Chicago Housing. Current Leasing info: Unit 1F: 3/15/24 - 3/14/26 ($1300 monthly rent) | Unit 2F: 12/12/21 MTM ($1350 monthly rent) | Unit 3F: 3/14/24 - 3/31/26 ($1270 monthly rent) | Unit :1R 1/1/2010 (MTM $850... Market Tenant, Not CHA) | Unit 2R: 10/23/23 - 10/31/25 ($1300 monthly rent) | Unit 3R: 6/1/2016 (MTM $1350 monthly rent). Unit 1F, 3F, 2R are all eligible to apply for the 12 month Chicago Housing Authority review process at the end of existing leases (10/31/25, 3/14/26, 3/21/2026) to the newly increased 2 bed voucher rate of $1900.

Features of 3538 West Grenshaw Street

MLS® # 12431890
Price $650,000
Bathrooms 0.00
Acres 0.00
Year Built 1915
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 3538 West Grenshaw Street
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60624

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Foundation Brick/Mortar

Additional Information

Days on Market 82
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Professionals Select
Contact Inforpsfrontdesk@gmail.com

Listing Map

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