Chicago, IL 60624,3522 W Jackson BLVD
Chicago, IL 60624,3522 W Jackson BLVD
Chicago, IL 60624,3522 W Jackson BLVD
Chicago, IL 60624,3522 W Jackson BLVD
Chicago, IL 60624,3522 W Jackson BLVD
Chicago, IL 60624,3522 W Jackson BLVD
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$ 675,000
Est. payment | /mo

21 Beds

8 Baths

5,227 Sqft Lot


Save
$ 675,000
Est. payment | /mo
Save

21 Beds

8 Baths

5,227 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12095933

Bedrooms 21

Year Built 1908

Annual Tax Amount $9,205

Tax Year 2022

Lot Size 5,227 Sqft

Lot Dimensions 5325

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - East Garfield Park

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Roof Type Flat

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition Short Sale

Midwest Real Estate Data (MRED) IDX
Listed by Brandice Hampton • Dream Town Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 772-2820

gsaju@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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3522 W Jackson BLVD