About 961 Chicago Ave
A exceedingly rare opportunity to own a 29 unit all brick multifamily investment property currently near 100% occupancy. Units are a mix of (13) one-bedroom apts, (15) two-bedroom apts, and (1) one-bedroom efficiency. Rates in the area and within this complex have steadily appreciated while maintaining low vacancy rates. Desirable area near EMU, JMU and many employers. Easy access to bus routes. Off-street parking is maintained for the benefit of the tenants. Listing Agent is a part owner of the subject property and is a Licensed Real Estate Broker in the Commonwealth of VA
Features of 961 Chicago Ave
| MLS® # | 662827 |
|---|---|
| Price | $4,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 21,044 |
| Acres | 1.23 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 961 Chicago Ave |
|---|---|
| Subdivision | PLEASANT ACRES |
| City | Harrisonburg |
| County | Harrisonburg |
| State | VA |
| Zip Code | 22801 |
Amenities
| Utilities | Cable Available, Fiber Optic Available, Other |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Foundation | Block |
|---|
School Information
| Elementary | Waterman |
|---|---|
| Middle | Thomas Harrison |
| High | Harrisonburg |
Additional Information
| Date Listed | April 6th, 2025 |
|---|---|
| Days on Market | 41 |
| Zoning | B-2 General Business |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Cottonwood Commercial LLC |
|---|