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3522 W Jackson Boulevard, Chicago, IL 60624

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For Sale
Sale Pending

$675,000

21 beds

Estimated Payment

$ 4,234 /mo.

6.65% APR for 30 yrs.
$9,205 in taxes
Change Loan Terms

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

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 12095933

Courtesy Of Dream Town Realty

(312) 265-8000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres

Home seller CENTURY 21 Universal Real Estate

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CENTURY 21 Universal Real Estate

(773) 465-0300
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,467
  • Property Taxes
    $767
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,234

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Faraday Elementary School

Grades PK-8 Public School


Chicago, IL 60624 0.4 miles
3250 w monroe st

212 total students

Marshall Metropolitan High School

Grades 9-12 Public School


Chicago, IL 60624 0.4 miles
3250 w adams st

337 total students

Other Nearby Schools Distance Type Grades School Rating
Providence St. Mel School 0.1 miles Private PK-12
Ericson Elementary Scholastic Academy 0.1 miles Public PK-8 C-
Locke A Elementary Charter Academy 0.5 miles Public KG-8 A-
Greater Rock Gifted Learning Academy 0.5 miles Private KG
Melody Elementary School 0.5 miles Public KG-8 D-
Gregory Math And Science Elementary Academy 0.5 miles Public PK-8 B
Holy Family School 0.6 miles Private PK-8
Raby High School 0.6 miles Public 9-12 D-
Noble St Charter-drw Trading College Preparatory 0.6 miles Public 9-12 D-
Jensen Elementary Scholastic Academy 0.7 miles Public KG-8 C+
Beidler Elementary School 0.7 miles Public PK-8 C+
Learn Charter - Butler 0.7 miles Public KG-8 B-
Learn Charter-campbell Campus 0.8 miles Public KG-8 B+
Kellman Corporate Community Elementary School 0.8 miles Public PK-8 F
Altus Academy 0.8 miles Private 1-8
Webster Elementary School 0.8 miles Public PK-8 B
Cather Elementary School 0.9 miles Public PK-8 F
Manley Career Academy High School 0.9 miles Public 9-12 F

Providence St. Mel School

Distance: 0.1 miles

Type Private

Grades: PK-12

Ericson Elementary Scholastic Academy

Distance: 0.1 miles

Type Public

Grades: PK-8

C-

Locke A Elementary Charter Academy

Distance: 0.5 miles

Type Public

Grades: KG-8

A-

Greater Rock Gifted Learning Academy

Distance: 0.5 miles

Type Private

Grades: KG

Melody Elementary School

Distance: 0.5 miles

Type Public

Grades: KG-8

D-

Gregory Math And Science Elementary Academy

Distance: 0.5 miles

Type Public

Grades: PK-8

B

Holy Family School

Distance: 0.6 miles

Type Private

Grades: PK-8

Raby High School

Distance: 0.6 miles

Type Public

Grades: 9-12

D-

Noble St Charter-drw Trading College Preparatory

Distance: 0.6 miles

Type Public

Grades: 9-12

D-

Jensen Elementary Scholastic Academy

Distance: 0.7 miles

Type Public

Grades: KG-8

C+

Beidler Elementary School

Distance: 0.7 miles

Type Public

Grades: PK-8

C+

Learn Charter - Butler

Distance: 0.7 miles

Type Public

Grades: KG-8

B-

Learn Charter-campbell Campus

Distance: 0.8 miles

Type Public

Grades: KG-8

B+

Kellman Corporate Community Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-8

F

Altus Academy

Distance: 0.8 miles

Type Private

Grades: 1-8

Webster Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-8

B

Cather Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-8

F

Manley Career Academy High School

Distance: 0.9 miles

Type Public

Grades: 9-12

F

Local area information for Chicago, IL 60624

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Chicago, IL 60624

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are below the national average.

83° July
Hottest Average Month

16° January
Coldest Average Month
13,654 Total Households in Area
33.2%
of households
have children
34 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Chicago, IL 60624

Chicago, IL 60624 has a population of 36,572 people in 13,654 households with a median age of 35.1 years old.

Down -3.4%
Decrease in population
since the year 2010

Population is Trending down
14,438
Total households as of 2010
Down
-0.2%

Community Population By Age

Community Population By Ethnicity

Black 85%
Hispanic 10%
Other 6%
White 3%
Native American <1%
Asian <1%

Economics
for Chicago, IL 60624

10,963 /sq mi
Population Density
$35,570 /yr
Median Household Income
$216,250
Median Sales Price
34 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 59%
  • Public Transit 26%
  • Work from Home 10%
  • Walk or Bike 4%

Occupancy by Type

Rented 10,004 63%
Owned 3,650 23%
Vacant 2,236 14%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Family & Education Facts
for Chicago, IL 60624

35.1 Median Age

Average Household Size

2.6
persons per
household

14.8%

Married Households

Community Population By Education

High School Graduate 32%
Some College 27%
Some High School 22%
Bachelors Degree 7%
Associates Degree 7%
Graduate Degree 5%

Household Family Expenses vs National Average

33.1% of households have children

Weather
for Chicago, IL 60624

The weather for this area ranges from a high of 83° F in July to a low of 16° F in January

83° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
31°
Feb
20°
35°
Mar
29°
45°
Apr
39°
58°
May
49°
69°
Jun
59°
79°
Jul
64°
83°
Aug
63°
82°
Sep
56°
75°
Oct
44°
63°
Nov
33°
48°
Dec
22°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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