3948 W Congress Parkway
Chicago, IL, 60624
$650,000
Beds
0 Baths
5,165 SqFt
0.07 Acres
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$650,000
3948 W Congress Parkway
Chicago, IL, 60624
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Thriving cash flow at this investor’s dream in Garfield Park! Exceptionally large 5-unit, all brick building includes 5 updated apartments, with newer kitchens, bathrooms, windows, plumbing, and electrical. Each unit is supplied with appliances, W/D, water heater, and furnace. There are two 4-Bed/2-bath apartments, showcasing vintage fireplace charm, a sunroom with an open southern view, and additional living space/closets throughout. Two apartments (1-bed/1-bath, 2-bed/1.5-bath) share the 3rd floor and were also recently updated, with newer utilities, appliances, and washer/dryer. The legal garden unit (1 bed/1 bath) off the front entranceway was rehabbed as well and is a solid income earner. All-brick two-car garage in back. Great location for long/short term tenants-Steps from the Pulaski Blue-line, 290, and Garfield Park.

Property Details

Price:
$650,000
MLS #:
MRD12019308
Status:
Active
Beds:
0
Baths:
0
Address:
3948 W Congress Parkway
Type:
Commercial
City:
Chicago
Listed Date:
Apr 10, 2024
State:
IL
Finished Sq Ft:
5,165
ZIP:
60624
Year Built:
1917

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
2.5% -$495Net Sale Price
Net Operating Income
$75,080
Tax Year
2022
Taxes
$2,683
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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3948 W Congress Parkway
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