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Property Description

This classic Chicago brick building offers a blend of historic charm and modern updates, making it an attractive investment with significant upside potential. The property features a diverse unit mix, including spacious one- and two-bedroom apartments, along with a legally recognized studio garden unit. With annual gross rental income below market value, investors have a unique opportunity to capitalize on immediate income growth. Each unit boasts generous floor plans with ample natural light, while the building itself offers a range of conveniences, including secure entry, shared outdoor space, and on-site laundry facilities. On-street parking is readily available, and there is room for additional enhancements to further increase the property's appeal. By updating interiors with modern finishes, stainless steel appliances, and upgraded flooring, investors can attract higher-paying tenants and maximize rental income.

Features & Information

Key Details

List Price $1,075,000
Property Taxes $8,680.05
Price/ Sq. Ft. Unavailable
Year Built 1925
Status Active

Building Information

Age of Building Older
Heating & Cooling Radiators

Location

County Cook
Directions to Property From Downtown Chicago, Head West On I-290 W (eisenhower Expressway). Take Exit 28b For Independence Blvd. Turn Right Onto Independence Blvd, Then Left Onto W Warren Blvd. Continue For About 0.3 Miles-3012 W Warren Blvd Will Be On Your Right, Just Past Sac

Property Taxes
Tax 8680.05
Parcel Identification Number 16123250390000

Listed by Stephen Rachman for Marcus & Millichap Chicago Apartment Brokers | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/30/2025 1:32 AM. 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.

Explore East Garfield Park

Picturesque gardens and organic produce markets cross paths with vintage graystones and soul food restaurants in this long established - and now re-established - west side Chicago neighborhood. East Garfield Park is probably best known for the Garfield Park Conservatory which is one of the largest in the U.S. Like taking a step into another hemisphere, the conservatory is your ticket to a lush tropical climate with 30-foot palm trees and fragrant orchids, even in the dead of winter. The rest of the 185-acre park transports visitors to a fashionable Parisian-inspired commons with grand promenades, large ponds and landscaped grounds. On the restaurant front, East Garfield Park is a jackpot of American cuisine with a twist of southern cooking thrown in. Red hots, hamburgers and fries, fried fish and chicken, macaroni and cheese, submarines, peach cobblers and any other comfort food you can think of. For a taste of East Garfield Park's retail business just head over to Madison Street for the best shopping stops.

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