3522 W Jackson Boulevard Chicago, IL 60624
SHORT SALE!!! This property presents an enticing investment prospect, located in the thriving neighborhood of East Garfield Park. It boasts a semi-renovated 3-unit building, formerly a condo, plus coach house 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 2 is rented for a 2 year lease for $1700, Unit 3 is rented MTM for $1922, and the Coach house rental is MTM at $1, 200. Overall, this property presents a compelling investment proposition, underscored by its robust cash flow potential and favorable market conditions. Some cosmetic updates could push these large 6 bedroom units into a larger rental upside.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$9,205
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive Under Contract
- MLS ID Number12095933
- Home Size Source N/A
- Year Built1908
- Lot Size0.12 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 3522 W Jackson Boulevard Chicago, IL 60624
2 weeks ago | |
a month ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking Spaces 0
- Sewer Public Sewer
- Basement Full
- Acreage 0.12
- Water Public
- Property Sub Type Multi Family
- Listing Conditions Short Sale
- General Information Commuter Bus
- Rooms Total 36
- Lot Size Less Than .25 Acre
- Parking Total 0
Interior Features
- Heating Natural GasForced Air
Exterior Features
- Roof Flat
- Waterfront Property No
Community Features
- Township West Chicago
- MLS Area CHI - East Garfield Park