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$985,000 Just Listed
Property Description
Stately yellow brick 4 flat on the corner of Francisco and Grace in an area screaming with rehabs and new construction. All apartments are in great condition with updated kitchens and baths, refinished hardwood floors and separate heat. Full high basement offers ability to expand living space. All leased apartments with great tenants that share the lovely rear yard. Great income investment Net income $60894. with room to expand. 6% return cash on cash.
Full Property Details
Full Property Details for 2854 W Grace Ave
General
- Price: $985,000
- Taxes: $13,762 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12676094
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Location
- Area: CHI - Irving Park
- County: Cook
- Township: Jefferson
- Driving Directions: California to Grace Str (3800 N) west to corner of Francisco & Grace,
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Rubber
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 30 x 125
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Insurance Fee: $3,732
- Assessment Year: 1928
- Tax Amount: $13,762
- Tax Year: 2024
- Pays Electric: 390
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 13241140200000
Listed by Compass
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Schools
Schools serving 2854 W Grace Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Chicago, IL 3121 West Byron Street, Chicago, IL 60618 | PK-8 | 0.3 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 2854 W Grace Ave
2854 W Grace Avenue, Chicago, IL 60618 (MLS# 12676094) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 2854 W Grace Avenue is currently listed for $985,000 and was received on June 12, 2026. Want to learn more about 2854 W Grace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Irving Park? You can browse all Irving Park real estate or contact a Coldwell Banker agent to request more information.
