3858 W Grenshaw Street, Chicago IL 60624
Property Description
Built in 2006, Income Producing & Room to Grow! This tenant-occupied 2-unit offers an opportunity to acquire a multifamily property with existing rental income and potential for future income growth. Each unit features 3 bedrooms, 1 full bath, separate living and dining rooms, kitchen, and wood flooring. Tenants pay their own utilities, helping reduce owner-paid operating expenses. Current rents may offer an opportunity for future increases based on prevailing market rents and subject to existing lease terms and applicable regulations. The gated rear yard includes a parking pad for convenient off-street parking. The property offers access to public transportation, neighborhood shopping and services, parks and recreation, major thoroughfares, the Illinois Medical District, and Downtown Chicago. With two 3-bedroom units, tenant-paid utilities, existing rental income, off-street parking, and 2006 construction, this property offers several features for consideration by a future owner. Tenant occupied; property is being sold subject to existing leases and tenant rights.
Features & Information
Key Details
- List Price $385,000
- Property Taxes $6,045
- Year Built 2006
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 7
- Beds 3
- Baths 1
- Appliances None
- Rent $1,400/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires M2M
-
Unit 2
- Floor 2
- Rooms 7
- Beds 3
- Baths 1
- Appliances None
- Rent $1,400/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires M2M
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 16-20 Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Pulaski N/s To Grenshaw E To Subject.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 6044.51
- Tax Year 2025
- Tax Exemptions None
- Parcel Identification Number 16143240210000
Listed by Tamika Marks for Trademarks & Associates | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/22/2026 8:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore West Garfield Park
Since being settled by Scandinavian and Irish immigrants in the 1870s, West Garfield Park has become a working-class neighborhood on the rise. Its convenience to downtown has attracted the interest of business-owners and residential developers, but as of now, the up-and-coming West Garfield Park is still an affordable option for first-time homebuyers, young working singles and families alike. Gradual modernization of housing is slowly giving this classic neighborhood a contemporary face-lift, although the majority of properties here are of the vintage persuasion, rather than new design. West Garfield Park is also embellished with a healthy assemblage of retailers and restaurateurs, not to mention a large number of educational academies that include a specialized charter school and college level institution.
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