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3522 W Jackson Boulevard
Chicago IL 60624 US

$675,000

Active Under Contract Listing ID 12095933
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21 bed
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Lot: 0.12 Acres
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Other

$675,000

Active Under Contract Listing ID 12095933
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3522 W Jackson Boulevard 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.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Roof Type: Flat
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 675000
  • unparsedaddress: 3522 W Jackson Boulevard
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60624
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Brandice Hampton
  • listagentemail: brandi@thehamptoncollective.com
  • listagentkey: 3yd-MREDIL-246317
  • listagentmlsid: 246317
  • listagentpreferredphone: 3122658000
  • listagentofficephone: 3122658000
  • listofficekey: 3yd-MREDIL-26495
  • listagentstatelicense: 475166488
  • listofficemlsid: 26495
  • disclaimer: Copyright © 2024 Midwest 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1908
  • listingcontractdate: 2024-06-27
  • listagenturl: https://www.dreamtown.com
  • countyorparish: Cook
  • parcelnumber: 16142080250000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: None
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Dream Town Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chat@dreamtown.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@dreamtown.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/8c9eb0811dae11e08ce200219b994c72/20240918151613420.png", "ListBrokerageName":"Dream Town Realty", "ListBrokeragePhone":"312.265.8000", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1950 North Sedgwick", "ListBrokerageWebsiteUrl":"https://www.dreamtown.com", "ListOfficeAddress1":"1950 N Sedgwick St.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@dreamtown.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12095933/?channel=rexren", "MLSModificationTimestamp":"2024-09-13T13:16:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - East Garfield Park"}], "PostalCode":null, "RoomCount":36, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9205.02, "TaxDescription":null, "TaxYear":"2022"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:07:11 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Brandice Hampton, Dream Town Real Estate, brandi@thehamptoncollective.com

Copyright © 2024 Midwest 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.