3522 W Jackson Boulevard, Chicago IL 60624

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Active Under Contract

$675,000

3522 W Jackson Boulevard, Chicago, IL 60624

bedrooms

bathrooms

square feet

Acreage

0.12

Open Houses

year built

1908

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Cook
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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MLS number: 12095933

Listing agent: Brandice Hampton #475166488

Listing broker: Dream Town Realty (312) 265-8000

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 15 2025 at 1:52 a.m. EST

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