Residential Income for Sale: 3522 W Jackson, Chicago, IL 60624
21 beds
$675,000
$675,000
3522 W Jackson,
Chicago, IL 60624
21 beds
$675,000
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Price:
$675,000
Est. payment: Skip to Mortgage Calculator
Type Residential Income
Beds 21
Lot Size 0.12 acres
Year Built 1908
City Chicago
County Cook
School District 299
MLS 12095933
Status Active Under Contract
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.
Room Features
Basement Description Partially Finished, Unfinished
Lot & Building Features
Heating Forced Air, Natural Gas
Parking Description None
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 5325 ft
Community and Schools
Elementary School 299
Price History of 3522 Jackson, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $675,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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3522 Jackson (MLS #12095933) is a residential income listing located in Chicago, IL. This residential income listing on a lot of 5,227 sqft (or 0.12 acres) with 21 bedrooms, 8 baths and is 100+ Years years old. This property was listed on 06/27/2024 and has been priced for sale at $675,000.
![]() Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Dream Town Real Estate |