$1,625,000
3100 W Douglas Boulevard
Chicago, IL, 60623
Positioned for 9.2 Cap Rate based on normalizing rents with an achievable 3 percentrental increase. Value Add opportunity – Lower Garden Level not currently utilized, value add potential for additional units storage and coin laundry. 3 oversized 1,800 SqFt apartments could potentially sub divided into 6 units for a total of 18 units. The 2024 Property Taxes have been reduce to 16,916, payable in 2025. Lender financing is available.
Property Details
Price:
$1,625,000
MLS #:
MRD12447225
Status:
Active
Beds:
0
Baths:
0
Address:
3100 W Douglas Boulevard
Type:
Commercial
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
Aug 15, 2025
State:
IL
Total Sq Ft:
17,658
ZIP:
60623
Year Built:
1913
Schools
Interior
Exterior
Construction Materials
Brick
Roof
Membrane, Reflective Coating
Financial
Maintenance Fee
$10,556
Tax Year
2023
Taxes
$28,801
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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3100 W Douglas Boulevard
Chicago, IL
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