352 S HAMLIN Boulevard
Chicago, IL 60624

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Description

Historic Graystone 6-Unit in Garfield Park - Investment Opportunity Welcome to 351 S Hamlin Blvd., a stately three-story Graystone nestled in the heart of Garfield Park. This legal 6-unit building offers timeless charm with original woodwork and solid bones, making it a rare find for investors seeking both character and cash flow. Unit Breakdown: Apt 1F - 1BR | $650/mo | M2M tenancy since 10/15/12 Apt 2B - 2BR | $650/mo | M2M tenancy since 2/25/06 Apt 3F - 1BR + Den | $850/mo | M2M tenancy since 12/1/23 Apt 1B - 1BR | $600/mo | M2M tenancy since 2/15/22 Apt 3B - 2BR | $600/mo | M2M tenancy since 5/15/95 Apt 2F - 1BR | Vacant Coach House - 1BR | Vacant Financials: Monthly Rental Income: $3,350 Insurance: $384.25/month 2023 Taxes: $5,927.76 Gas (Jan-Oct): $1,655.53 (common areas & basement) Electric (Jan-Sep): $377.62 (common areas & basement) Water (Jan-Oct): $3,163.11 Located just blocks from Garfield Park Conservatory, public transit, and major thoroughfares, this property offers strong upside potential with two vacant units ready for market-rate tenants or renovation.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60624
• Year Built: 1929
• Sq.Ft.: 6,636 sq ft
• Stories: 3
• Units: 6 units
• Basement: Unfinished
• Zoning: MULTI
• # Of Ranges: 6
• # Of Refrigs: 6
• Approximate Age: Older
• Building Area Total: 6636
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Directions: Corner of Van Burne & Hamlin
• Gross Income: 49200
• Heat/Ventilation: Radiant
• Information: 24-Hr Notice Required, List Broker Must Accompany, No Sign on Property
• Lot Size Square Feet: 6100
• Main Type: Commercial Sale
• Ownership Type: Individual
• Tax Annual Amount: 5927.76
• Tax Year: 2023
• Tenant Pays: Electricity
• Total Monthly Income: 49200
• Township: West Chicago