3522 West Jackson Boulevard
3522 West Jackson Boulevard
$750,000
21
7
1
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Description
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 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...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 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.
- Listed by Brandice Hampton • Dream Town Real Estate
Property Details for 3522 West Jackson Boulevard
Area
CHI - East Garfield Park
TownshipWest Chicago
OwnershipFee Simple
Num Of Parking Spaces0.0
Heat/FuelNatural Gas, Forced Air
Location
LISTING UPDATED: 05/10/2024 12:06 AM
Property Details for 3522 West Jackson Boulevard
Status | Active |
---|---|
MLS # | 12047419 |
Days on Market | 16 |
Taxes | $9,205 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1906 |
Lot Size | 0.12 AC / 5,227 SF |
County | Cook County |
Building
Location
Building Information for 3522 West Jackson Boulevard
Stories2Residences5Year Built1906Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$4,860 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3522 West Jackson Boulevard
Property History for 3522 West Jackson Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3522 West Jackson Boulevard
Taxable ValueLand$6,254Additions$41,920Total$48,174
Tax Record2022$9,205 ($767 / month)
Home Facts
Beds0Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories2Lot Size5,323 SqFtStyleSingle Family ResidenceYear Built1910CountyCOOKAPN16-14-208-025
Schools near 3522 West Jackson Boulevard
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Faraday Elementary School PublicPK to 8 | ||
Marshall Metropolitan High School Public9 to 12 | ||
Ericson Elementary Scholastic Academy PublicPK to 8 | ||
Locke A Elementary Charter Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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