$625,000
2520 W Washington Boulevard
Chicago, IL, 60612
Looking to expand your real estate portfolio? Don’t miss this rare opportunity to own this fully occupied Greystone 3-flat in the rapidly appreciating East Garfield Park community of Chicago! Each of the three spacious units features 7 rooms, including 3 bedrooms and 1.1 bathrooms. High ceilings, recessed lighting, hardwood floors throughout, and laminate flooring in the bedrooms. Units have been tastefully updated within the last five years, offering modern touches with timeless character. All units include in-unit washer/dryer, GFA heat and central air, and private rear decks-perfect for today’s discerning tenants. All tenants are month-to-month and pay separate utilities. Under-market rents allow significant upside for increased cash flow. A full unfinished basement with both front and rear entrances offers huge development potential for duplexing or creating a garden unit. Walking distance to CTA train & bus lines. Minutes to the I-290 Expressway, UIC Medical District, Garfield Park Conservatory, Pete’s Fresh Market and United Center which has a approved $7B project called ” The 1901 Project”-a 55-acre development featuring housing, hotels, retail, green space, and a music hall. This is a golden opportunity in a neighborhood on the rise. Whether you’re an investor seeking immediate income with upside potential, or a buyer ready to live in one unit while building equity, this is the property for you! Being sold in AS-IS condition. Serious inquiries only.
Property Details
Price:
$625,000
MLS #:
MRD12353645
Status:
Active
Beds:
9
Baths:
6
Address:
2520 W Washington Boulevard
Type:
Multi Family
Neighborhood:
CHI – Near West Side
City:
Chicago
Listed Date:
May 28, 2025
State:
IL
ZIP:
60612
Year Built:
1890
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Architectural Style
Greystone
Construction Materials
Brick, Stone
Roof
Rubber, Flat
Financial
Tax Year
2023
Taxes
$7,839
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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2520 W Washington Boulevard
Chicago, IL
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