3522 W Jackson Boulevard, Chicago IL 60624

3522 W Jackson Boulevard, Chicago IL 60624
$799,000

Active

Fifth City Two to Four Units

Listing Agent

Brandi Hampton

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Units 4
Total Beds 21
Total Baths 7.1
Taxes $9,205.02
Payment Estimate View Mortgage Calculator

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Property 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 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.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

List Price $799,000
Property Taxes $9,205.02
Price/ Sq. Ft. Unavailable
Year Built 1908
Parking Type None
Buyer's Agent Commission 1.5%
Status Active

Rooms

Total Rooms 36
Basement F

Exterior Features

Parking
Parking Details None
# of Cars:  0

Building Information

Number of Units 4
Age of Building 100+ Years
Exterior Construction Brick
Heating & Cooling Gas, Forced Air

Units
Unit 1 None
Unit 2 None
Unit 3 Stove, Refrigerator, Washer, Dryer
Unit 4 Stove, Refrigerator

Location

County Cook
Township West Chicago
Corporate Limits Chicago
Directions to Property 3522 W Jackson, East Of Central Park On North Side Of Jackson

Schools
Elementary School District 299
Junior High District 299
High School District: 299

Property Taxes
Tax 9205.02
Tax Year 2022
Tax Exemptions Homeowner
Parcel Identification Number 16142080250000

Utilities

Sewer Sewer-Publ

Explore Fifth City

A petite, sub-neighborhood nestled within the larger borders of East Garfield Park, Fifth City's residential streets are located just minutes away from Chicago's bustling downtown. Fifth City offers folks affordable homes in classic brick flats, near to major transportation systems and one of the town's largest parks. More spacious and spread out than other Chicago neighborhoods, Fifth City has quite a bit of undeveloped land and open lots. A trim group of restaurants and businesses hug the community's eastern border, but residents can easily head across the street for additional dining and shopping.

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