3538 W Grenshaw St Chicago, IL 60624
Homan Square NeighborhoodEstimated payment $3,847/month
About This Home
Six (6) unit brick apartment building located in Homan Square. Each unit is a 2 bed 1 bath, ~1000 square foot unit, offering convenience in leasing. All six units were rehabbed in the past few years have been well maintained. Mechanical Information: in-unit and separate furnaces + hot water tanks, updated roofing, newer windows. The building is fully occupied and 5/6 tenants are subsidized through Chicago Housing. 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 ($1300 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) to the newly increased 2 bed voucher rate of $1900.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,598
Year Built
- Built in 1915
Lot Details
- 3,900 Sq Ft Lot
- Lot Dimensions are 30 x 131
Home Design
- Garden Apartment
- Brick Foundation
Additional Features
- 3-Story Property
- Floor Furnace
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $420
- Insurance Expense $2,500
- Trash Expense $1,041
- Water Sewer Expense $2,564
- Operating Expense $11,544
- Gross Income $89,040
- Net Operating Income $77,495
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 08/01/2025 08/01/25 | For Sale | $650,000 | 0.0% | -- |
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | For Sale | $650,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12431890
APN: 16144220160000
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