3522 West Jackson Boulevard

Chicago, IL 60624

$745,000
Last Sold Price
21
Beds
7
Baths
1
1/2 Bath
6,600 Sq. Ft.
$113 / Sq. Ft.
6,600
Sq. Ft.
$113
per Sq. Ft.

Description

2007 gut-renovated, 4-unit former condo building in hot East Garfield Park! Excellent cash flow opportunity with significant rental upside. Three xtra large 6 bed / 2 bath units in front building plus full unfinished basement. All bedrooms fit full/queen size beds + closets, large living area, separate dining room, separate kitchen, and rear porch. One 3 bed / 1.5 bath duplex coach house. All units rented with CHA tenants and they pay nearly 100% of rent. Two of the units are under rented and can...2007 gut-renovated, 4-unit former condo building in hot East Garfield Park! Excellent cash flow opportunity with significant rental upside. Three xtra large 6 bed / 2 bath units in front building plus full unfinished basement. All bedrooms fit full/queen size beds + closets, large living area, separate dining room, separate kitchen, and rear porch. One 3 bed / 1.5 bath duplex coach house. All units rented with CHA tenants and they pay nearly 100% of rent. Two of the units are under rented and can be raised with a. pro-forma 11.5% cap rate. Copper plumbing, updated electric, individual gas-forced heat, individual hot water tanks, Unit 2 and 3 feature in-unit laundry and unit 1 has laundry hook up. Unit 3 has been recently updated and has central air. Tear off roofs for both buildings in 2020. Tenants pay gas/heat/electric. This turn key building is truly a cash cow.
  1. Listed by Christopher Norton • @properties

Sold By Dream Town Realty

Property Details for 3522 West Jackson Boulevard

Area
CHI - East Garfield Park
Township
West Chicago
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
Natural Gas, Forced Air

Location

Add your commute
LISTING UPDATED: 10/27/2021 03:03 AM

Property Details for 3522 West Jackson Boulevard

StatusClosed
MLS #11170048
Days on Market90
Taxes$3,596 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1906
Lot Size0.12 AC / 5,227 SF
CountyCook County

Building

3522 W Jackson Blvd

5 Units2 StoriesBuilt in 1906

Location

Add your commute

Building Information for 3522 West Jackson Boulevard

Stories2Residences5Year Built1906Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,365 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,066

Property Taxes

$300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3522 West Jackson Boulevard

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 36
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 21
  • Basement Description: Partially Finished, Unfinished
  • # Full Baths in Building: 7
  • # Half Baths in Building: 1
  • Num of Baths: 7.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2007
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 5325
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: Commuter Bus
  • North Coordinate: 0
  • South Coordinate: 300
  • East Coordinate: 0
  • West Coordinate: 3522
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2021-07-27T18:13:15
  • Photos Count: 14
  • Deconversion: Y
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
Multi Family
Income & Expenses
  • Insurance Expense: $1,675.00
  • Insurance Expense Source: Actual
  • Water Expense Source: Combination
  • Net Operating Income: $70,402.00
  • Water Sewer Expense: $6,000.00
Unit 1
  • Unit Type Actual Rent: $1,625.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 1700
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 10
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 2
  • Appliances/Features Unit 1: Stove, Refrigerator
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas, Heat
Unit 2
  • Unit Type Actual Rent: $2,037.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 1700
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 10
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 2
  • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer
  • Lease Exp Date (Mo/Yr) - Unit 2: 07-22-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas, Heat
Unit 3
  • Unit Type Actual Rent: $1,922.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 1700
  • Floor # - Unit 3: 3
  • # Of Rooms - Unit 3: 10
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Washer, Dryer
  • Lease Exp Date (Mo/Yr) - Unit 3: 09-21-2024
  • Sec Deposit $ - Unit 3: 0
  • Tenant Pays - Unit 3: Electric, Gas, Heat
Unit 4
  • Unit Type Actual Rent: $1,222.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Total Sq Ft - Unit 4: 1500
  • Floor # - Unit 4: 1
  • # Of Rooms - Unit 4: 6
  • # Half Baths-Unit 4: 1
  • # Full Baths-Unit 4: 1
  • Appliances/Features Unit 4: Stove, Refrigerator
  • Sec Deposit $ - Unit 4: 0
  • Tenant Pays - Unit 4: Electric, Gas, Heat

Property History for 3522 West Jackson Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3522 West Jackson Boulevard

Taxable ValueLand$6,254Additions$41,920Total$48,174
Tax Record2022$9,205 ($767 / month)
Home Facts
Beds0Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories2Lot Size5,323 SqFtStyleSingle Family ResidenceYear Built1910CountyCOOKAPN16-14-208-025

Schools near 3522 West Jackson Boulevard

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Charter - K to 8
Rating
School
Distance
Faraday Elementary School
PublicPK to 8

Marshall Metropolitan High School
Public9 to 12

Ericson Elementary Scholastic Academy
PublicPK to 8

Locke A Elementary Charter Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of @properties

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.