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$385,000
11
beds
3
baths

3221 W Warren Boulevard
Chicago, Illinois 60624

Closed / MLS #10731893 / Multiple Unit (2-4) / East Garfield Park
Listing information updated 9/29/2020 at 9:43am
This is a rare opportunity to acquire a money-making, classic Chicago greystone 3-flat in East Garfield Park. The under-rented, in-place cap rate is 8% and, with fair market rents, this baby is a solid 11% cap! The building features three over-sized units that have all been updated in the past 7 years. Improvements include: Newer kitchens, baths, roof, parapet, updated electrical, plumbing, rear decks and windows. Each unit has individual GFAs, common laundry in the basement and there's a parking pad for 2-4 cars at the rear. A forward-thinking investor might elect to renovate the units, leverage the hefty RM-5 zoning and look to legalize a 4th unit. Alternatively, the creation of a massive, duplexed first floor/garden unit might also prove to be rewarding. Located just a block and a half from the Garfield Park Conservatory, 3 minutes to the Kedzie "L," 10 minutes to the Metra and just 3 minutes to the Eisenhower Expressway. Sustenance is but 4 minutes away at Pete's Fresh Market. Owner does not represent the legality of the basement unit. Property is being sold 'as-is.' Information deemed reliable, but not guaranteed. Use diligence.
Architecture Style:
Greystone
Exterior Type:
Brick
Basement:
Partially Finished
Beds Above Grade:
11
Heating System:
Gas, Forced Air
Pool:
No
Age:
100+ Years
Roof Type:
Rubber
Parking Type:
Space/s
Parking Spaces:
4
Room Count:
27
Water Front:
No
Square Feet:
N/A
Lot Size:
Standard Chicago Lot
Tax Amount:
$4,640
Tax Year:
2018
Zip Code:
60624
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: SRFG, Inc

Listing Office Phone: 773.968.1110

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 9/29/2020 at 9:43am. 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. Some listings have been excluded from this website.

CTA

CTA
Blue line at Kedzie-Homan
CTA
Green line at Conservatory / Central Park Drive
CTA
Pink line at Kedzie

Metra

Metra
Milwaukee District West line at Kedzie Metra
Metra
Union Pacific West line at Kedzie
$300,976
Average Sale Price
106
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 3221 W Warren Boulevard, Chicago, IL 60624
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3221 W Warren Boulevard, Chicago, IL 60624 is a multiple unit (2-4) which sold for $385,000. 3221 W Warren Boulevard features 11 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since June 1st, 2020 and was built in 1900. The nearest transit stops include Kedzie-Homan CTA Blue line and Kedzie Metra Union Pacific West line.

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