$395,000
2722 W Jackson Boulevard
Chicago, IL, 60612
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. Property is being sold “as is”.
Property Details
Price:
$395,000
MLS #:
MRD12259156
Status:
Active
Beds:
6
Baths:
3
Address:
2722 W Jackson Boulevard
Type:
Multi Family
Neighborhood:
CHI – East Garfield Park
City:
Chicago
Listed Date:
Dec 30, 2024
State:
IL
ZIP:
60612
Year Built:
1888
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Exterior Features
Balcony, Deck, Storms/ Screens
Parking Features
Off Alley, Additional Parking, Rear/ Side Entry
Parking Spots
5
Roof
Rubber
Financial
Tax Year
2022
Taxes
$5,516
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2722 W Jackson Boulevard
Chicago, IL
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