4459 W Jackson Boulevard Chicago, IL $ 700,000
4459 W Jackson Boulevard
$ 700,000
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4459 W Jackson Boulevard

Chicago, IL, 60624
$ 700,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 4,367

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Multi-Family Home for sale in Chicago, IL

for $700,000 with 3 bedrooms. This home was built in 1925 on a lot size of 0.069835.

4459 W Jackson Blvd is a solid brick 9-unit building located in the West Garfield Park neighborhood. The building features three tiers of units with a mix of 2 bed / 1 bath and 1 bed / 1 bath unit apartments. They include hardwood floors, gas forced-air heat, and individually metered electric for all units. The kitchens include ranges and refrigerators. The building has a strong rental history and consistent cash flow and currently benefits from on-site management that is available to continue with a new owner. The real upside is in the current below market rents. A new owner can increase the in-place market rents or add section 8 tenants to dramatically improve the cash flow. The building is located just a quick walk to the CTA Blue Line Pulaski Station, multiple bus routes, and the I-290 Eisenhower Expressway, with quick access downtown and to the western suburbs. The building delivers strong cash flow today with easy upside and rent growth in 2026 and beyond. Seller is a long-time owner who motivated by retirement. Come take a look at this great multi-family investment property with long-term upside.

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Multi-Family Active

Price

$ 700,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 12,527

Style

Multi-Family

Lot Size

0.069835

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12476249

Features
General
Zoning MULTI
Construction Materials Brick
Year Built 1925
Electric Separate Meters
Tenant Pays Electricity Heat
Stories Count 3
Tax Year 2023
Current Use Multi-Family
Gross Income 102600
County Cook
Net Operating Income 71239
Operating Expense 18834
Insurance Expense 3800
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 4500
Status Active
Directions West on Jackson south on Kilbourn. Building is on the SE corner.
City Chicago
Number Of Units Total 9
MLS Area CHI - West Garfield Park
Lot Size Square Feet 3042
Tax Annual Amount 12527
Electric Expense 2072
Fuel Expense 0
Trash Expense 3600
Water Sewer Expense 4862
Additional Parcels Y/N N
Standard Status Active
Cap Rate 10.1
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Interior
Total Fireplaces 0
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Exterior
Lot Dimensions 24.5 X 125
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* Excluded Features
List By
33 Realty

Broker

davis.edgerly@33realty.com

Email

Affordability Calculator

$5,411
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$1,044
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$700,000 Listed Price

Map


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4459 W Jackson Boulevard, Chicago, IL, 60624 is a Multi-Family Home for sale at $700,000 with a lot size of 0.069835. 4459 W Jackson Boulevard has 3 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60624 which is in Chicago, IL