1. Virginia
  2. Harrisonburg
  3. 961 CHICAGO AVE
$4,500,000/mo

961 CHICAGO AVE, Harrisonburg, VA 22801

  • 21,044 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon1.23acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $214/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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

Listing Status:
Active
Date Added:
April 1, 2025 at 05:00AM
Listing Office:
Cottonwood Commercial LLC : 540-434-9922
Listing Agent:
Barry Suttles : 540-246-5666
MLS ID:
662827
  • A/C: Window Unit(s)
  • Heating: Baseboard

This listing courtesy of Barry Suttles, Cottonwood Commercial LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Waterman Elementary School

451 Chicago Ave, Harrisonburg, VA, 22802

Grades KG-5

0.70 miles away

T

Thomas Harrison Middle School

1311 W Market St, Harrisonburg, VA, 22801

Grades 6-8

1.16 miles away

H

Harrisonburg High School

1001 Garbers Church Rd, Harrisonburg, VA, 22801

Grades 9-12

2.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.