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4141 W Jackson Boulevard, Chicago, IL 60624
$267,000
4141 W Jackson Boulevard, Chicago, IL 60624View this property at 4141 W Jackson Boulevard, Chicago, IL 60624
4141 W Jackson BoulevardChicagoIL60624
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Property Description
Investors here you go - beautiful 2 flat brownstone plus garden unit in West Garfield Park! This is priced to generate nearly 25% cash on cash returns! The building contains (3) three bedroom/ 1 bathroom units (9 bedrooms / 3 bathrooms total). Fully occupied generating over $45k/year in rents with upside potential. Building has been occupied by long term tenants producing stable cash flows. A 100% gut rehab from top to bottom was completed in 2012 and the building has been professionally maintained since. Unit 1 was refreshed with new flooring, paint and appliances in July '23 upon tenant turnover. Each unit benefits from separate utilities with each containing their dedicated water heaters, central HVAC,and utility meters. Both units 1 & 2 offer air conditioning with the capability to add on A/C to the garden unit. Coin operated laundry located in common area laundry room in the garden. Asphalt slab in the rear of the building provides space for parking up to (6) vehicles. CHA approved, prior tenant in unit 1 lived in the building for 7 years before vacating in June-2023. Offers containing no financing continencies with a quick close will be given highest consideration. Building Details: Built: 1903 Zoning: RT-4, multifamily two flat This is a legal two flat with an illegal garden, we will not provide any reps and warranties related to the garden unit. Parcel Number:16-152-180-070-000 Taxes: $1916 Lot Size: 3125 SF (25x125) Survey: we never got one with the original purchase and have never ordered one, we will need to engage once we are under contract Brick Exterior & brick foundation Garden unit has a complete drain tile system installed in 2013 which includes full vapor barrier covering the entire brick foundation wall Roof Type = bitumen + silver reflective coating All units have separate meters, however, as a part of the lease agreement with the garden unit, we pay for the gas for them. Their lease is now month to month, technically we can notice them and stop paying for it. I would prefer to have the new owner address this how they see fit
Full Property Details
Full Property Details for 4141 W Jackson Blvd
General
- Sold For: $267,000
- Taxes: $1,916 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11961329
- Added to Site: 104 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Sump Pump, Multiple Water Heaters
Parking
- Total Spaces: 2
- Parking Features: Unassigned, Off-Alley
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: CHI - West Garfield Park
- County: Cook
- Driving Directions: 290 to Cicero North to Jackson Blvd East to house
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Brownstone
- Exterior Const.: Brick, Stone
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Asphalt, Flat
- Year Built: 1903
- Built Before 1978: Yes
- Remodeled/Updated: 2012
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Lot Features: Fenced Yard, Level, Sidewalks, Streetlights
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1903
- Tax Amount: $1,916
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16152180070000
Listed by HomeSmart Realty Group
Sold by Weichert,Realtors-FirstChicago
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Schools
Schools serving 4141 W Jackson Blvd
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4409 W Wilcox St, Chicago, IL 60624 | PK-8 | 0.4 mi | |
2935 W Polk St, Chicago, IL 60612 | 9-12 | 1.6 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 4141 W Jackson Blvd
Date
Details
Price
Change
Source
2/20/2024
Sold
$267,000
0.75%
MLS
1/14/2024
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4141 W Jackson Boulevard, Chicago, IL 60624 (MLS# 11961329) is a Multi-Family property that was sold at $267,000 on February 20, 2024. Want to learn more about 4141 W Jackson Boulevard? Do you have questions about finding other Multi-Family 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.