3533 Grenshaw St Chicago, IL 60624

This four-story, six-unit apartment building at 3533 W Grenshaw St, Chicago, IL 60624, presents a compelling investment opportunity. Boasting a substantial 10% capitalization rate, this property offers a strong return on investment. The building underwent a complete renovation in 2021, ensuring modern amenities and reduced maintenance needs. Each of the six units commands a price of $150,000, contributing to the attractive overall asking price of $900,000. Located in the rapidly developing Homan Square neighborhood, the property benefits from significant recent public and private investment exceeding $220 million in community centers, housing, and other improvements. The area is served by excellent public transportation, including the Kedzie-Homan Blue Line station and multiple bus routes. Its strategic location, bordered by I-290, Roosevelt Road, and Homan Avenue, provides easy access to downtown Chicago, the western suburbs, and other city neighborhoods. This property represents a rare chance to acquire a high-yield, well-maintained multifamily building in a revitalizing Chicago neighborhood.