3622 West Franklin Boulevard
$525,000
9
3
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Description
This exceptional three-flat in the vibrant Humboldt Park neighborhood features three spacious units, each with three bedrooms, one bathroom, AND its own In-Unit Washer and Dryer + a Utility/Laundry Sink! Renovated just 4 years ago, this property has been well-maintained and ready for minor touch-ups to reach its full potential! Each unit boasts central A/C, updated kitchens with stainless steel appliances, dishwashers, marbled quartz countertops with breakfast bars, and white shaker cabinets. Recessed...This exceptional three-flat in the vibrant Humboldt Park neighborhood features three spacious units, each with three bedrooms, one bathroom, AND its own In-Unit Washer and Dryer + a Utility/Laundry Sink! Renovated just 4 years ago, this property has been well-maintained and ready for minor touch-ups to reach its full potential! Each unit boasts central A/C, updated kitchens with stainless steel appliances, dishwashers, marbled quartz countertops with breakfast bars, and white shaker cabinets. Recessed lighting and the modern color palette enhances the contemporary feel throughout. Other noteworthy upgrades and features include tuckpointing and new windows (2020), while high ceilings and hardwood floors add charm + the numbered, rear, parking pad offers opportunity for additional income potential! Ideal for an owner-occupying buyer or investors, this property presents an opportunity to add personal touches or increase rental income. Currently, all units are fully occupied with tenant who pay below-market rents, two of them are on month-to-month leases and two with vouchers. With minor improvements, you can potentially capitalize on average renovated rents rates of $2,300 per month along with significant equity upside with comparable sale values of $648,500 over the past year! Located in Humboldt Park, this property is close to shopping, dining, public transit, and parks, with easy access to I-290. This opportunity won't last long-schedule a showing today to explore the potential of this fantastic three-flat! Tenants rights will apply. Property will be sold as-is where-is.
- Listed by D'Andre Daye • Straight-A Realty, LLC
- Listed by Michael Applegate • Straight-A Realty, LLC
Property Details for 3622 West Franklin Boulevard
Area
CHI - Humboldt Park
TownshipHyde Park
OwnershipFee Simple
Num Of Parking Spaces3.0
Heat/FuelNatural Gas
ZoningMULTI
LISTING UPDATED: 01/02/2025 01:48 PM
Property Details for 3622 West Franklin Boulevard
Status | Re - Activated |
---|---|
MLS # | 12158369 |
Days on Market | 113 |
Taxes | $7,195 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1907 |
Lot Size | 0.10 AC / 4,420 SF |
County | Cook County |
Building Information for 3622 West Franklin Boulevard
Stories-Residences3Year Built1907Building Size-Lot Size0.10 AC / 4,420 SF
Property Information for 3622 West Franklin Boulevard
Property History for 3622 West Franklin 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 3622 West Franklin Boulevard
Taxable ValueLand$5,193Additions$28,806Total$33,999
Tax Record2022$6,993 ($583 / month)
Home Facts
Baths2Total Finished SqFt2,036 SqFtAbove Grade Finished SqFt2,036 SqFtStories2Lot Size4,420 SqFtStyleMulti-Family Res (5+ Units)Year Built1905CountyCOOKAPN16-11-125-020
Schools near 3622 West Franklin Boulevard
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ward L Elementary School PublicPK to 8 | ||
Orr Academy High School Public9 to 12 | ||
Noble St Charter-Rowe-Clark MS Acad Charter9 to 12 | ||
Raby High School Public9 to 12 |
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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