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2722 W Jackson Boulevard, Chicago, IL 60612

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For Sale

$395,000

6 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

TONS OF VALUE ADD WITH THIS PROPERTY AT: 2722 W JACKSON BLVD! THIS IS A VACANT ((LEGAL 2 UNIT)) PROPERTY WITH A FULL SIDE LOT. THE DOUBLE LOT MEASURES ((50X125)) AND IS ZONED ((R4)). The property includes (1) 3 bed 1 bath apartment that was recently rented for One Thousand Seven Hundred & 50 Dollars & (1) 3 bed 1.5 bathroom that was rented for One Thousand Eight Hundred & Ninety Five Dollars just recently. 2 parking spots in the rear were rented for Ninety Five a piece. And three locals were renting 3 spots at Eighty dollars a piece on the side lot. Each unit is roughly about 1100 square feet and they both get really great natural light throughout the entire building, they have 10 foot ceilings and have good looking hardwood floors throughout. The property is ripe for a good rehab although they are very much in moving condition as it is. The 2 units might need a little bit of cosmetic work but they were rented just last month as they are now and were getting really good rent that we are stating above. Perfect to live in one unit and rent the other out and live there for very little cost. The RT4 zoning allows for (6) condos to be built on the double lot or you can keep the legal 2 flat and build a 3 unit condo building on the other lot. TONS of NEW buildings in the area, just a 5 minute drive to downtown and if you were to build a couple three Flats those rooftop decks are going to get amazing views from up on those decks.
MLS# 12259156

Courtesy Of Compass Real Estate

(312) 733-7201

Open Houses

January

4

Saturday

In Person

Saturday, January 4, 2025

1:00PM - 2:30PM

January

5

Sunday

In Person

Sunday, January 5, 2025

1:00PM - 2:30PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick

Map and Directions

Directions to 2722 W Jackson Boulevard, Chicago, IL 60612

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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