1 of 25
Tools
Size
21
Bedrooms
0.12 Acres
Exterior
Financial
$675,000
Change Currency
$9,205
Annual taxes
Listing Details
Multi Family
Property type
1908
Year Built
10455411
Web Id
12077344
MLS ID
15
Days Posted
Description
3522 W Jackson Boulevard,
Chicago,
IL
60624
Chicago, IL 60624
SHORT SALE!!! This property presents an enticing investment prospect, located in the thriving neighborhood of East Garfield Park. It boasts a semi-renovated 3-unit building, formerly a condo, plus coach house 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 2 is rented for a 2 year lease for $1700, Unit 3 is rented MTM for $1922, and the Coach house rental is MTM at $1,200. Overall, this property presents a compelling investment proposition, underscored by its robust cash flow potential and favorable market conditions. Some cosmetic updates could push these large 6 bedroom units into a larger rental upside.
This is an Active listing.
Broker Office Phone Number: 312-265-8000
Copyright © 2024Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 312-265-8000
Copyright © 2024Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price HistoryView all +
date | Price | variance | type |
---|---|---|---|
6/15/2024 | $675,000 | - | Listed |
6/9/2024 | $750,000 | - | off market |
5/5/2024 | $750,000 | - | Listed |
4/16/2024 | $799,000 | - | off market |
2/23/2024 | $799,000 | 16.77 % | decreased |
2/7/2024 | $960,000 | - | Listed |
Listing By: Dream Town Realty via Data Source: Midwest Real Estate Data, LLC
listing agent: Brandice Hampton