4138 W Jackson Boulevard Chicago, IL ^$ 500,000

4138 W Jackson Boulevard

^$ 500,000

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4138 W Jackson Boulevard

Chicago, IL, 60624

^$ 500,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 3,079

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 1

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 2

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 3

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 4

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 5

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 6

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 7

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 8

4138 W Jackson Boulevard, Chicago, IL 60624 - Image 9

Multi-Family Home for sale in Chicago, IL

for $500,000 with 3 bedrooms. This home was built in 1902 on a lot size of 0.13.

This newly converted 6-unit multifamily property was redeveloped from top to bottom, from the brand-new garden units to the complete tear-off roof replacement. Each unit features 3 bedrooms and 1 bath, engineered hardwood floors in above-ground units, new mechanicals, stainless steel appliances, tenant-paid utilities, and all the necessary amenities including parking and laundry hookups. All redevelopment was completed in accordance with Chicago City Code with permits in 2022. The developer spared no expense on this turnkey investment opportunity. The property is now fully rented and generating approximately $10,000 GMI, offering immediate stabilized cash flow from day one. There's nothing left to do but make it yours and start earning!!!

Multi-Family Active

Price

^$ 500,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 6,856

Style

Multi-Family

Lot Size

0.13

Year Built

1902

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12658684

Features

General

Roof Membrane Rubber

Zoning MULTI

Construction Materials Brick

Year Built 1902

Tenant Pays Air Conditioning Electricity Heat

Stories Count 2

Tax Year 2024

Current Use Multi-Family

Gross Income 132000

County Cook

Net Operating Income 98784

Operating Expense 20016

Insurance Expense 7000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status Active

Directions I290-W TO INDEPENDENCE; LEFT ON JACKSON TO THE PROPERTY

City Chicago

Number Of Units Total 6

MLS Area CHI - West Garfield Park

Tax Annual Amount 6856.3

Electric Expense 840

Fuel Expense 0

Trash Expense 1320

Water Sewer Expense 3000

Additional Parcels Y/N N

Standard Status Active

Cap Rate 8.5

Exterior

Lot Dimensions 6050

Lot Size Acres 0.13

Frontage Type City Street

* Excluded Features

List By

Mnk Realty Professionals Llc

Broker

hakeem@lionheartdgtl.co

Affordability Calculator

$3,650

Per Month

Monthly Principal & Interest: $3,079
Monthly Property Taxes: $571
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$620,882

Percent of Sale Price 24%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/13/2026	$500,000		Listed Price

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4138 W Jackson Boulevard, Chicago, IL, 60624 is a Multi-Family Home for sale at $500,000 with a lot size of 0.13. 4138 W Jackson Boulevard has 3 bedrooms, 0.0 baths, and was built in 1902. The property's zip code is 60624 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/22/2026.

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4138 W Jackson Boulevard

Multi-Family Home for sale in Chicago, IL

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