4206 West Jackson Boulevard

Chicago, IL 60624

$1,349,000
Price
22
Beds
14
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 4206 Jackson Blvd, a freshly rehabbed 8-unit multifamily apartment building located in Chicago. This well-maintained, opportunity zone and upgraded property features 8 units (2 - 2 bedrooms/ 1 bath and 6 - 3 bedrooms/2 bath ) that are perfect for investors looking for a steady stream of Section 8 approved rental income. Each oversized unit boasts about 1200 sq ft of living space and is equipped with new HVAC, washer/driver, refrigerator, wifi etc The apartments feature oversized living...Welcome to 4206 Jackson Blvd, a freshly rehabbed 8-unit multifamily apartment building located in Chicago. This well-maintained, opportunity zone and upgraded property features 8 units (2 - 2 bedrooms/ 1 bath and 6 - 3 bedrooms/2 bath ) that are perfect for investors looking for a steady stream of Section 8 approved rental income. Each oversized unit boasts about 1200 sq ft of living space and is equipped with new HVAC, washer/driver, refrigerator, wifi etc The apartments feature oversized living space in a clean, well maintained atmosphere. The building is situated on a lot, that provides ample outdoor space for tenants. All 8 apartments were completely remodeled in the past year. The location of this property is west of the Garfield Park and the Conservatory. With a stable Section 8 tenant base and a prime location, 4206 Jackson is an excellent investment opportunity. Don't miss out on the chance to own this wonderful property. Contact us today to schedule a viewing!
  1. Listed by David Shimberg • Kale Realty

Property Details for 4206 West Jackson Boulevard

Area
CHI - West Garfield Park
Township
West Chicago
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Kale Realty
Add your commute
LISTING UPDATED: 03/11/2024 02:55 PM

Property Details for 4206 West Jackson Boulevard

StatusActive
MLS #11991504
Days on Market100
Taxes$15,645 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1912
Lot Size0.14 AC / 6,244 SF
CountyCook County

Location

Listing Courtesy of Kale Realty
Add your commute

Building Information for 4206 West Jackson Boulevard

Stories-Residences8Year Built1912Building Size-Lot Size0.14 AC / 6,244 SF

Payment Calculator

$8,666 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,362

Property Taxes

$1,304

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4206 West Jackson Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,Non-Disclosure Agreement,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Over 600 Amps, Power - 120V, Power - 240V
  • # Of Washers: 8
  • Basement Description: None
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Window/Ac: 0
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: No
  • # Of Dryers: 8
  • # Of Disposals: 8
  • # Of Dishwashers: 8
  • Num of Baths: 14.0
Exterior Features
  • Misc Outside: Balcony/ies,Enclosed Stairs
Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Cable Available
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 50' X 124.49'
  • Lot Size Square Feet: 6244.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 12000
  • # Of Ranges: 8
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Other
  • Documents Available: Tax Bill,Title Report
  • Public Document Count: 0
  • Green Supporting Documents: N
  • Photos Count: 5
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Lighting/Exterior,Sidewalks
  • Location: Public Transport Avail,Free Standing/Urban
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $.00
  • Gross Income: $147,849.00
  • Gross Scheduled Income: $147,849.00
  • Insurance Expense: $7,700.00
  • Maintenance Expense: $2,500.00
  • Manager Expense: $.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Expense Year: 2022
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 2508
  • Manager Expense Source: OP
  • Net Operating Income Year: 2022
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 12320
  • Water Expense Source: Owner Projection
  • Net Operating Income: $112,235.00
  • Operating Expense: $35,614.00
  • Other Expense: $1,131.00
  • Trash Expense: $2,571.00
  • Water Sewer Expense: $4,920.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 6
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4206 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 4206 West Jackson Boulevard

Taxable ValueLand$6,405Additions$71,145Total$77,550
Tax Record2022$16,005 ($1,334 / month)
Home Facts
Stories3Lot Size6,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1912CountyCOOKAPN16-15-213-031

Schools near 4206 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
Charter - 9 to 12
Public - 6 to 12
Rating
School
Distance
Hefferan Elementary School
PublicPK to 8

Marshall Metropolitan High School
Public9 to 12

Legal Prep Academy High School
Charter9 to 12

Camelot Safe Academy - Garfield Park
Public6 to 12

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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4206 West Jackson Boulevard is a multi-family home for sale in Chicago, IL 60624. This property was listed for sale on February 29, 2024 by Kale Realty, it's currently listed at $1,349,000. It has been on the market for a total of 100 days and was last sold on March 19, 2018. This listing's school district is City Of Chicago School District 299. Nearby schools include Hefferan Elementary School, Marshall Metropolitan High School and Legal Prep Academy High School. 4206 West Jackson Boulevard is a 22-bed, 14-bath, multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kale Realty

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. Based on information submitted to the MLS GRID as of 03/11/2024 02:55 PM. 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.