$699,000
SOLD MAY 30, 2025
11 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

20 Days on Market

Highlights

  • Forced Air Heating System
  • Fenced
  • Paved or Partially Paved Lot

About This Home

As of May 2025

Introducing 4024 W Grenshaw St, an all brick jumbo 4 flat that is fully occupied & stabilized for investment, featuring individual/in-unit furnaces & water heaters, copper plumbing throughout, updated kitchens & baths, newer electrical Service (2018), new tear-off roof (2021), New vinyl windows (2022), common area laundry (2023). This exciting investment opportunity includes 4 units with the top three floors being approx. 1,700 sq ft/unit with 3-beds and 1-bath and the lower level unit being approx. 1,300 sq ft/unit with 2-beds and 1-bath. This makes for a total approx. rentable space of over 6,000 sq ft across all of the units. This building is FULLY occupied. Please DO NOT disturb the tenants.

Last Agent to Sell the Property

Jose Jimenez

Avalon Realty Associates, LLC License #475165683 Listed on: 04/02/2025

Last Buyer's Agent

Mercedes Avila

HomeSmart Connect LLC License #471009995

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,701

Year Built

  • Built in 1927

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $500
  • Insurance Expense $2,500
  • Maintenance Expense $600
  • Water Sewer Expense $1,200
  • Gross Income $77,100
  • Net Operating Income $66,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,701

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry, Storage Space, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 11
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • Room: 6

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 699000
  • Roof: Rubber, Flat
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1200
  • Other Expenses $: 0

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 66900
  • Insurance Expense: 2500
  • ElectricExpense: 500
  • GrossIncome: 77100
  • Maintenance Expense: 600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4701.44
  • Tax Year: 2022
  • Tax Exemptions: None

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $699,000 0.0% --
04/22/2025 04/22/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $699,000 +111.8% --
07/16/2021 07/16/21 Sold $330,000 -10.8% --
03/26/2021 03/26/21 For Sale -- -- --
03/24/2021 03/24/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $369,900 0.0% --
10/31/2020 10/31/20 For Sale $369,900 0.0% --
10/22/2020 10/22/20 Pending -- -- --
10/21/2020 10/21/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $369,900 +548.9% --
09/06/2016 09/06/16 Sold $57,000 +16.3% --
08/15/2016 08/15/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $49,000 0.0% --
08/03/2016 08/03/16 Price Changed $49,000 -44.9% --
06/03/2016 06/03/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $89,000 0.0% --
04/04/2016 04/04/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $89,000 +201.7% --
06/29/2015 06/29/15 Sold $29,500 -13.2% --
06/16/2015 06/16/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $34,000 0.0% --
05/15/2015 05/15/15 Pending -- -- --
04/24/2015 04/24/15 Price Changed $34,000 -22.7% --
03/30/2015 03/30/15 For Sale $44,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12327938

Midwest Real Estate Data (MRED)