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3501 W Walnut Street, Chicago, IL 60624
$440,000
3501 W Walnut Street, Chicago, IL 60624View this property at 3501 W Walnut Street, Chicago, IL 60624
3501 W Walnut StreetChicagoIL60624
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Property Description
Rare opportunity to own a legitimate 10 cap brick 4 unit building in East Garfield Park. Each unit has 2 bedrooms and 1 bathroom. Separately metered utilities and low taxes make this an investor or live in owner's perfect property. Each unit has forced air and heat, as well as in unit washer/dryer. Three units currently rented and one vacant unit for potential owner occupant. Gross Rental Income of $56,400 (pro forma). Net Operating Income of approximately $46,030. Newer parapet wall and steel support beams. Incredible location just one block from Garfield Park and the Garfield Park Conservatory, walking distance to the Green line Train stop, Urban Farms, Schools, and more!
Full Property Details
Full Property Details for 3501 W Walnut St
General
- Sold For: $440,000
- Taxes: $3,429 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11773616
- Added to Site: 391 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: Commuter Train
Parking
- Parking Type: None
Location
- Area: CHI - East Garfield Park
- County: Cook
- Driving Directions: 1 block North of Lake, 1 block West of Homan
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Year Built: 1891
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.05
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 24 x 85
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1891
- Tax Amount: $3,429.58
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16114090200000
Listed by Main Street Real Estate Group
Sold by iHome Real Estate
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Schools
Schools serving 3501 W Walnut St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3151 W Walnut St, Chicago, IL 60612 | PK-8 | 0.5 mi | |
3250 W Adams St, Chicago, IL 60624 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3501 W Walnut St
Date
Details
Price
Change
Source
6/14/2023
Sold
$440,000
-2.22%
MLS
5/03/2023
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3501 W Walnut Street, Chicago, IL 60624 (MLS# 11773616) is a Multi-Family property that was sold at $440,000 on June 14, 2023. Want to learn more about 3501 W Walnut Street? Do you have questions about finding other Multi-Family real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.