x
Showing 1 of 0
X
Save

3538 W Grenshaw Street
Chicago IL 60624 US

$650,000

Active Listing ID 12431890
bed icon
12 bed
bath icon
6.00 Bath (6 Full)
lot icon
Lot: 0.09 Acres
home icon
Other

$650,000

Active Listing ID 12431890
Save

3538 W Grenshaw Street $93, 000+ in annual income.... 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. CHA inspects the units either annually or biannually. 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

Collapse all

Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 650000
  • unparsedaddress: 3538 W Grenshaw Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60624
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.867526
  • longitude: -87.714544
  • listagentfullname: Joe Elwood
  • listagentemail: joe@elwood.services
  • listagentkey: 3yd-MREDIL-266938
  • listagentmlsid: 266938
  • listagentpreferredphone: (630) 904-6400
  • listagentofficephone: 6305367050
  • listofficekey: 3yd-MREDIL-23265
  • listofficemlsid: 23265
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1915
  • listingcontractdate: 2025-07-30
  • listagenturl: http://www.realestate-pros.com
  • countyorparish: Cook
  • parcelnumber: 16144220160000
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • rooms: Bedroom 10, Bedroom 6, Bathroom 6, Bedroom 2, Bedroom 7, Bedroom 5, Bedroom 8, Bedroom 12, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 4, Bedroom 9, Bedroom 1, Bedroom 3, Bedroom 11, Bathroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.71455, 41.867527
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Professionals Select", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"joe@elwood.services", "ListBrokerageCity":"Naperville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jen.conte@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/b07f12a0c1c911e0bf7700219b994c72/20180604214329668.png", "ListBrokerageName":"RE/MAX Professionals Select", "ListBrokeragePhone":"(630) 904-6400", "ListBrokeragePostalCode":"60564", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2272 95th Street, Suite 200", "ListBrokerageWebsiteUrl":"http://www.realestate-pros.com", "ListOfficeAddress1":"2272 95th St., Suite 200 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"23265", "ListOfficeCity":"Naperville", "ListOfficeCountry":"USA", "ListOfficeEmail":"rpsfrontdesk@gmail.com", "ListOfficePostalCode":"60564", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3538-W-Grenshaw-St_Chicago_IL_60624_M85023-61345?f=listhub&s=MREDIL&m=12431890&c=rexren", "MLSModificationTimestamp":"2025-12-27 08:01:09", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4598, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/27/2025 9:03:30 AM GMT
Source Updated Date: 1/14/2026 7:10:13 PM GMT

Courtesy of: Joe Elwood, RE/MAX Professionals Select, joe@elwood.services

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.