New

$750,000

Favorite

beds

baths

half bath

3522 W Jackson Boulevard

Chicago, Illinois 60624

New / MLS #12047419 / Multiple Unit (2-4) / East Garfield Park

Listing information updated 5/4/2024 at 12:23pm

ASSUMABLE MORTGAGE AVAILABLE!!! Assume the balance of this mortgage for 2.49%!!! This property presents an enticing investment prospect, located in the thriving neighborhood of East Garfield Park. It boasts a fully renovated 4-unit building, formerly a condo, offering excellent cash flow potential with promising rental upside. The main building comprises three generously sized units alongside a duplex coach house featuring 3 bedrooms and 1.5 bathrooms. Noteworthy features include copper plumbing, updated electrical systems, individual gas-forced heat, and separate hot water tanks, ensuring efficient and manageable utilities. Additionally, 2 units benefit from laundry hookup facilities and unit 3 has in-unit laundry. The property's strategic location, coupled with its spacious layouts and desirable amenities, positions it as a prime income-generating asset. With a few tweaks and additions, this turnkey investment opportunity is primed for substantial returns. Unit 1 and 2 rented for $1700. The Coach house rental is MTM at $1,200. Unit 3 rental is MTM at $1,922. Overall, this property presents a compelling investment proposition, underscored by its robust cash flow potential and favorable market conditions.

Full Features

Exterior Type:

Brick

Basement:

Partially Finished,Unfinished

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

100+ Years

Roof Type:

Flat

Parking Type:

None

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

0.12

Taxes & Assessments

Tax Amount:

$9,205

Tax Year:

2022

Location

Zip Code:

60624

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Dream Town Real Estate

Listing Office Phone: 312.242.1000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/4/2024 at 12:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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3522 W Jackson Boulevard is a multiple unit (2-4) currently listed at $750,000. 3522 W Jackson Boulevard features 21 Beds, 7 Baths, 1 Half Bath. This multiple unit (2-4) has been listed on @properties since May 4th, 2024 and was built in 1908. The nearest transit stops include Kedzie-Homan CTA Blue line and Kedzie Metra Union Pacific West line.