This exciting investment opportunity features a 3-unit new construction apartment building located in Chicago's Belmont Cragin neighborhood in a CHA Mobility Area. Completed in 2022, each building consists of three 3BD/2Ba units with luxury finishes, individual HVAC, and in-unit laundry. The apartments layout favorably with open floor plans and a large primary bedroom/bath. Units feature a dedicated parking space, private balcony or patio, storage, and individual water tanks. This is an opportunity to buy a newly-constructed, well-designed and highly-amenitized asset that is among the nicest product in a still affordable submarket. Achieve stability and rent upside with professional management and leasing. The properties are situated northwest of downtown Chicago near Hanson Park in the Belmont Cragin Neighborhood. This quiet area is primarily residential and light industrial uses. The subject property is 1 block from the Metra Hanson Park station and near CTA bus routes.

Property Details

PRICE
$800,000
BEDROOMS
9
BATHROOMS
6
SQFT
N/A
YEAR BUILT
2021
PARKING SPOTS
N/A
MLS #
12115801
FULL ADDRESS
5616 5616 Grand Avenue
CITY
Chicago, IL
ZIP
60639

Listing Details

Listing Office
Essex 312, LLC
Listing Agent
Michael Masterson
Contact
773-570-0318
Last Data Update
2024-12-16T06:44:26Z

Interior

BATHROOMS
6 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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