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  • Price$799,000
  • Beds21
  • Acres0.12
  • Built1908

3522 West Jackson Boulevard, Chicago

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.

Essential Information

  • MLS® #12005102
  • Price$799,000
  • Bedrooms21
  • Bathrooms8.00
  • Acres0.12
  • Year Built1908
  • TypeResidential Income
  • Sub-TypeTwo to Four Units
  • StatusActive
  • Taxes$9,205

Interior

  • HeatingNatural Gas, Forced Air

School Information

  • District299

Listing Details

  • Listing OfficeDream Town Realty

Community Information

  • Address3522 West Jackson Boulevard
  • AreaCHI - East Garfield Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60624

Exterior

  • ExteriorBrick
  • RoofFlat

Additional Information

  • Days on Market45

Price Change History for 3522 West Jackson Boulevard, Chicago, IL (MLS® #12005102)

Date Details Price Change
Active (from New)
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Listing information last updated on April 28th, 2024 at 2:23pm CDT.