IL > Chicago
Chicago, IL 60624,3538 W Grenshaw ST
Chicago, IL 60624,3538 W Grenshaw ST
Chicago, IL 60624,3538 W Grenshaw ST
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$650,000
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3538 W Grenshaw ST Chicago, IL 60624

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12431890

Year Built 1915

Annual Tax Amount $4,598

Tax Year 2023

Lot Dimensions 30 X 131

Property Sub-Type Multi Family 5+

Property Description

Six (6) unit brick apartment building located in Homan Square. Each unit is a 2 bed 1 bath, ~1000 square foot unit (identical floorplans), offering scalability in leasing. All six units were rehabbed in the past few years and have been well maintained. Each of the five Section 8 units undergoes annual approval from the city. Mechanical Information: in-unit and separate furnaces + hot water tanks, gas stoves, updated roofing, newer windows. The building is fully occupied and 5/6 tenants are subsidized through Chicago Housing. ~$93,500 annual income Unit 1F and 3F are eligible for increased voucher rate upon expiration of existing leases (eligibility for 1F: 3/14/2026, eligibility for 3F: 3/31/2026) 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 ($1671 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) Unit 2R = Approved for $1671 new voucher as of October 2025

Location

State IL

County Cook

Area Chi - North Lawndale

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joe Elwood of  RE/MAX Professionals Select 

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Park Place Realty Group LLC

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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