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

Chicago, IL, 60624
$ 799,000
Bedrooms21 Baths8.1 Sq 6,600

Monthly Estimate*

$ 5,581

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Multi-Family Home for sale in Chicago, IL

for $799,000 with 21 bedrooms and 8 full baths, 1 half bath. This 6,600 square foot home was built in 1908 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 799,000

Bedrooms

21

Full Bath

8

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,205

Style

Lot Size

0.12

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12005102

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Flat
Year Built 1908
Township West Chicago
Tax Year 2022
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 36
Status Active
Directions 3522 W Jackson east of Central Park on north side of Jackson
City Chicago
High School District 299
MLS Area CHI - East Garfield Park
Waterfront Y/N N
Street Name Jackson
Tax Annual Amount 9205.02
Days on Market 7
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Partially Finished Unfinished
Street Suffix Boulevard
Total Bedrooms 21
Total Baths 8
Bedrooms Possible 21
Full Baths Building 7
Half Baths Building 1
Total Number of Units 4
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 5325
Lot Size Acres 0.12
Exterior Brick
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* Excluded Features
List By
Dream Town Realty

Broker

brandi@thehamptoncollective.com;brandi.hampton@dreamtown.com

Email

Affordability Calculator

$6,348
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,581
Monthly Property Taxes
$767
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$799,000 Listed Price

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3522 W Jackson Boulevard, Chicago, IL, 60624 is a Multi-Family Home for sale at $799,000 with 6,600 sqft and a lot size of 0.12. 3522 W Jackson Boulevard has 21 bedrooms, 8.1 baths, and was built in 1908. The property's zip code is 60624 which is in Chicago, IL