Address
4206 W Jackson Boulevard, Chicago, IL
Price
$ 1,349,000
Property Attributes
- MLS#11991504
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - West Garfield Park
- NeighborhoodGarfield Park
- Zip60624
- StyleMulti-Family
- Year Built1912
- Taxes$ 15645
- Price$ 1,349,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12000
- Lot Size6,098 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Welcome to 4206 Jackson Blvd, a freshly rehabbed 8-unit multifamily apartment building located in Chicago. This well-maintained, opportunity zone and upgraded property features 8 units (2 - 2 bedrooms/ 1 bath and 6 - 3 bedrooms/2 bath ) that are perfect for investors looking for a steady stream of Section 8 approved rental income. Each oversized unit boasts about 1200 sq ft of living space and is equipped with new HVAC, washer/driver, refrigerator, wifi etc The apartments feature oversized living space in a clean, well maintained atmosphere. The building is situated on a lot, that provides ample outdoor space for tenants. All 8 apartments were completely remodeled in the past year. The location of this property is west of the Garfield Park and the Conservatory. With a stable Section 8 tenant base and a prime location, 4206 Jackson is an excellent investment opportunity. Don't miss out on the chance to own this wonderful property. Contact us today to schedule a viewing!
| Price History | |
|---|---|
| 3/4/2024 | Listed $1,349,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Sanitary Sewer,Sewer-Storm Available,Water-Municipal,Cable Available |
| Possession | Negotiable |
| Zoning | MULTI |
| Association Fee Includes | Heat,Water,Electricity,Gas,Security |
| Construction Materials | Brick |
| Year Built | 1912 |
| Electric | Circuit Breakers,Over 600 Amps,Power - 120V,Power - 240V |
| Tenant Pays | Air Conditioning,Electricity,Heat,Hot Water |
| Stories | 4 |
| Township | West Chicago |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 147849 |
| County | Cook |
| Net Operating Income | 112235 |
| Operating Expense | 35614 |
| Insurance Expense | 7700 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 2500 |
| Status | Active |
| Directions | From the United Center: Head west on W Madison St toward S Damen Ave 0.1 mi. Turn left onto S Damen Ave 0.3 mi Turn right onto W Jackson Blvd |
| City | Chicago |
| Total Units | 8 |
| MLS Area | CHI - West Garfield Park |
| Lot Size Square Feet | 6244 |
| Street Name | Jackson |
| Tax Annual Amount | 15645 |
| Electric Expense | 1200 |
| Trash Expense | 2571 |
| Water Sewer Expense | 4920 |
| Additional Parcels Y/N | No |
| Days on Market | 12 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Boulevard |
|---|---|
| Basement | None |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 12000 |
| Lot Dimensions | 50' X 124.49' |
| Lot Size Acres | 0.14 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60624
Price
Taxes
Visits
Year Built
