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3948 W Congress Parkway, Chicago, IL 60624
$650,000
3948 W Congress Parkway, Chicago, IL 60624View this property at 3948 W Congress Parkway, Chicago, IL 60624
3948 W Congress ParkwayChicagoIL60624
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Property Description
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.
Full Property Details
Full Property Details for 3948 W Congress Pkwy
General
- Price: $650,000
- HOA FEE: $3,600
- Taxes: $2,682 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12019308
- Updated: 4/23/2024
- Added to Site: 28 day(s) ago
Location
- Area: CHI - West Garfield Park
- County: Cook
- Township: West Chicago
- Driving Directions: Take Expressway I-290 East or West to Independence Blvd. (26A) Exit. West on Congress Pkwy to property, just east of Pulaski.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas, Separate per Unit
Utilities
- Trash: 1800
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 5,165
- Current Bldg. Use: Multi-Family
- Year Built: 1917
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 5
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $3,600
- Insurance Fee: $6,120
- Operating Expenses: $17,920
- Other Fee: $1,000
- Assessment Year: 1917
- Tax Amount: $2,682.7
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 600
- Pays Trash: 1800
Disclosures and Reports
- Property ID: 16141120200000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 3948 W Congress Pkwy
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3937 W Wilcox St, Chicago, IL 60624 | PK-8 | 0.3 mi | |
3250 W Adams St, Chicago, IL 60624 | 9-12 | 1 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 3948 W Congress Pkwy
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$650,000
-3.7%
MLS
4/10/2024
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3948 W Congress Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,683
2%
$12,999
—
2021
$2,623
-9%
$12,999
-32%
2020
$2,884
-4%
$19,107
-12%
2019
$2,994
2%
$21,713
—
2018
$2,941
-13%
$21,713
-10%
2017
$3,376
-10%
$24,098
—
2016
$3,737
4%
$24,098
—
2015
$3,592
-20%
$24,098
-1%
2014
$4,507
25%
$24,292
—
2013
$3,598
—
$24,292
—
2012
$3,592
—
$24,292
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3948 W Congress Pkwy
3948 W Congress Parkway, Chicago, IL 60624 (MLS# 12019308) is a Commercial property. 3948 W Congress Parkway is currently listed for $650,000 and was received on April 10, 2024. Want to learn more about 3948 W Congress Parkway? Do you have questions about finding other Commercial real estate for sale in West Garfield Park? You can browse all West Garfield Park real estate or contact a Coldwell Banker agent to request more information.