New Listing
$385,000
 $2,067 est/mo Sourced by Back At You

3858 W Grenshaw Street,Chicago, IL 60624

Chicago, IL 60624

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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.

Details

MLS #12752794
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2006
Days On Site5
Listing Provided ByTrademarks & Associates | Tamika Marks

Features

Bed(s)6
Bath(s)2
ZoningMULTI
Acreage0.07

Interior

Rooms Total14
HeatingNatural Gas, Forced Air, Sep Heating Systems - 2+

Exterior

RoofAsphalt
Foundation DetailsConcrete Perimeter
Construction MaterialsVinyl Siding, Brick

Parking

Parking FeaturesOff Alley, Yes, Owned

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Gated, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2025
Tax Annual Amount6044.51

Area Information

StateIL
CountyCook
CityChicago
Zip Code60624
AreaCHI North Lawndale
Listing VS Median (in 60624)
Price:
$385,000
low | high
Med:
$174,900
100% of Average
On site:
5
low | high
Med:
23
21.739130434783% of Average
Sourced by Back At You

Market Activity 60624

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60624
AreaCHI North Lawndale
Listing VS Median (in 60624)
Price:
$385,000
low | high
Med:
$174,900
100% of Average
On site:
5
low | high
Med:
23
21.739130434783% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $288K - $481K
sqft: 0 - 0
Listing Updated: September 11, 2026 at 11:16:38 PM PDT
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