1502 W Jackson Boulevard Chicago, IL $ 1,999,000
1502 W Jackson Boulevard
$ 1,999,000
Share Save

1502 W Jackson Boulevard

Chicago, IL, 60607
$ 1,999,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 13,964

1502 W Jackson Boulevard, Chicago, IL 60607 - Image 1
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 2
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 3
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 4
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 5
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 6
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 7
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 8
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 9
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 10
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 11
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 12
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 13
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 14
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 15
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 16
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 17
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 18
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 19
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 20
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 21
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 22
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 23
1502 W Jackson Boulevard, Chicago, IL 60607 - Image 24
View a Virtual Tour

Multi-Family Home for sale in Chicago, IL

for $1,999,000 with 7 bedrooms. This home was built in 1885.

Eligible for the Illinois Historic Preservation Tax Credit Program, this handsome assemblage located in the Jackson Boulevard Historic District is rich with history and unlimited potential. This property offers a unique opportunity for residential redevelopment or income-producing units, making it a remarkable investment opportunity. The properties at 1500-1502 Jackson Boulevard, have been divided into eight income-producing apartments. Each unit has been thoughtfully designed to optimize functionality while preserving the historical character of the building. With a mix of one and two-bedroom units, this property presents an exceptional opportunity for rental income. The demand for housing in this area is consistently high due to its proximity to renowned institutions such as the University of Illinois at Chicago, Rush Hospital, Skinner Park, and the United Center. The adjacent property at 1504 W. Jackson is currently listed as a single-family townhome. Built in 1890, this historic gem reflects the architectural charm of its era, boasting intricate details and timeless elegance. Beyond its potential as an income-producing property, this distinguished property holds significant historical value within the Jackson Boulevard historic district. The possibilities are endless for those seeking a distinctive investment or a place to call home. This property is primed to become a showcase of modern living while paying homage to its remarkable past.

See more

Multi-Family Active

Price

$ 1,999,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 19,300

Style

Multi-Family

Year Built

1885

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11912719

Features
General
Cooling Window Unit(s)
Zoning MULTI
Year Built 1885
Tenant Pays Electricity
Stories 3
Township West Chicago
Tax Year 2022
Current Use Multi-Family
Gross Income 107196
County Cook
Net Operating Income 119760
Operating Expense 40668
Insurance Expense 5429
Property Type Commercial Sale Multi Family 5+
Possible Use Condominium Multi-Family Single Family
Status Active
Directions Ashland to Jackson and East to Property. Park on Laflin.
City Chicago
Total Units 8
MLS Area CHI - Near West Side
Street Name Jackson
Tax Annual Amount 19300
Electric Expense 580
Fuel Expense 5928
Trash Expense 0
Water Sewer Expense 6330
Additional Parcels Y/N N
Virtual Tour https://www.youtube.com/watch?v=Q4hD7FUMXGk
Days on Market 88
Standard Status Active
See more
Interior
Total Fireplaces 3
Street Suffix Boulevard
See more
Exterior
Foundation Details Block Stone
Lot Dimensions 3 455
Exterior Brick
See more
* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

kgoad@bhhschicago.com

Email

Affordability Calculator

$15,572
Per Month
90%
10%
0%
Monthly Principal & Interest
$13,964
Monthly Property Taxes
$1,608
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2023$1,999,000 Listed Price

Map


See all

1502 W Jackson Boulevard, Chicago, IL, 60607 is a Multi-Family Home for sale at $1,999,000. 1502 W Jackson Boulevard has 7 bedrooms, 0.0 baths, and was built in 1885. The property's zip code is 60607 which is in Chicago, IL