3522 West Jackson, Chicago IL 60624
Dream Town Exclusive Listing
Contingent
Listing Agent
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Brandi Hampton
630.523.4896 | Email | About
- Units 4
- Total Beds 21
- Total Baths 7.1
- Taxes $9,205.02
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $675,000
- Property Taxes $9,205.02
- Price/ Sq. Ft. Unavailable
- Year Built 1908
- Parking Type None
- Status Contingent
Rooms
- Total Rooms 36
- Basement F
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 None
- Unit 2 None
- Unit 3 Stove, Refrigerator, Washer, Dryer
- Unit 4 Stove, Refrigerator
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property 3522 W Jackson, East Of Central Park On North Side Of Jackson
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 9205.02
- Tax Year 2022
- Tax Exemptions Homeowner
- Parcel Identification Number 16142080250000
Utilities
- Sewer Sewer-Publ
Based on information submitted to the MLS GRID as of 11/21/2024 11:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Fifth City
A petite, sub-neighborhood nestled within the larger borders of East Garfield Park, Fifth City's residential streets are located just minutes away from Chicago's bustling downtown. Fifth City offers folks affordable homes in classic brick flats, near to major transportation systems and one of the town's largest parks. More spacious and spread out than other Chicago neighborhoods, Fifth City has quite a bit of undeveloped land and open lots. A trim group of restaurants and businesses hug the community's eastern border, but residents can easily head across the street for additional dining and shopping.
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