2448 West Grenshaw Street, Chicago, IL

About 2448 West Grenshaw Street

Fantastic investment opportunity with strong cash flow or an ideal owner-occupied property where the other two units cover the mortgage and still generate income. Conveniently located in the Tri Taylor/UIC Medical Center Neighborhood, this brick building is well-maintained on all four sides. It includes three separate PINs. Each of the three units features three spacious bedrooms and two bathrooms. The first and second-floor units are currently rented, while the top-floor unit is vacant and ready to be rented, with tenants lined up to sign the lease. This unit is being held vacant in case the new owner chooses to occupy it. The units boast spacious open floor plans, large living rooms with patio access, and hallways. Each bedroom is large enough for a king-size bed. Each unit also comes with one assigned parking space on a concrete pad behind the building, plus free non-zoned street parking around the property. Utilities are separate, with gas-forced air heat and central air conditioning. The top floor features high vaulted ceilings, five skylights, and a private front balcony. The market rent for this unit is $3,400. Both units that are rented are rented to Chicago Housing Authority mobility program which is the government program that is offered in very limited areas of the city which this property's address qualifies and has already been approved. The property is being sold as-is. PINs: #1: 16134260521001, #2: 1613426521002, #3: 16134260521003.

Listing Map