3158 W Jackson BLVD new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60612
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12213544
Bedrooms 10
Annual Tax Amount $6,043
Tax Year 2022
Lot Dimensions 25X109
Property Description
This three-unit greystone building, located in the vibrant East Garfield Park neighborhood of Chicago, presents a prime investment opportunity with excellent income potential. The building features open floor plans, with each unit offering spacious living areas, beautiful flooring, high ceilings, and updated kitchens. The entry hallway boasts charming exposed brick, adding character to the property. The third-floor unit is a generous 4-bedroom, 1-bathroom layout, offering ample space for tenants with the added feature of an in-unit washer and dryer for convenience. The second-floor unit is a 3-bedroom, 1-bathroom, and the first-floor unit also has 3 bedrooms and 1 bathroom. Additionally, the property includes a full unfinished basement that holds potential to be converted into a one-bedroom unit, creating more rental income opportunities. Fully rented, this property ensures a reliable cash flow. The lot next door is being sold with the building, adding further development potential or space for expansion. The property is being sold as-is, and includes two separate PINs, providing flexibility for future use. This is a great investment in the growing East Garfield Park neighborhood.
Location
State IL
County Cook
Area Chi - East Garfield Park
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
Building
Dwelling Type Two to Four Units
Water Lake Michigan,Public
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None