FOR SALE
$799,000

3522 W Jackson Boulevard
Chicago, IL 60624

Multi-Family
Residential
21
Beds
8
Baths
0.12
Acre Lot
Courtesy: Dream Town Realty
CB Today> Illinois> Chicago> 60624
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.
12005102
Residential - Multi-Family, Other
21
8
1908
Cook
0.12 Acres
Public
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

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Courtesy: Dream Town Realty
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 4/28/2024 4:54 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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