Seller's Agent in 2022
Scott Siegel
Chicago Real Estate Authority
(773) 968-1110
4 in this area
52 Total Sales
3044 W Jackson Blvd Chicago, IL 60612
Garfield Park Neighborhood
5
Beds
4
Baths
--
Sq Ft
2,614
Sq Ft Lot Lot
Highlights
- Enclosed Patio or Porch
- Heating System Uses Steam
- Paved or Partially Paved Lot
- Brick or Stone Mason
About This Home
As of May 2022Located in the heart of rapidly gentrifying East Garfield Park, this extremely well-located and handsome Greystone/brown brick Victorian; featuring two large units (1st Floor is a 2/2 and the 2nd floor is a 3/2), was remodeled and upgraded in 2019 and now offers the astute investor a fully leased, in-place cap rate of 7% with very little required cap-x or management headaches going forward. Alternatively, this property is an excellent candidate for a live-in owner to reside in one unit and have income from the other help cover monthly occupancy costs. The scope of work included: New GFA/ACs, upgraded plumbing, electric and central support beam, posts and footings in the full, unfinished basement, fresh paint, new designer vinyl floors in unit 1 and refinished original HWFs in unit 2, stylish kitchens & baths and in-unit laundry. Need sustenance? Pete's Fresh Market is a 5-minute drive. Need to get to the Loop? The CTA's #126 Jackson bus is at the corner. Need to get out of Dodge? The Eisenhower Expressway is a 1-minute drive!
Last Agent to Sell the Property
Chicago Real Estate Authority License #471011328 Listed on: 03/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,282
Year Built
- Built in 1885 | Remodeled in 2020
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 24 x 125
- Paved or Partially Paved Lot
Home Design
- Brick or Stone Mason
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $180
- Insurance Expense $1,200
- Water Sewer Expense $1,380
- Gross Income $33,900
- Net Operating Income $29,100
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $395,000 | -1.2% | -- | |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | For Sale | $399,900 | +81.8% | -- | |
| 11/30/2018 11/30/18 | Sold | $220,000 | -4.1% | -- | View Prior Sale |
| 10/10/2018 10/10/18 | Pending | -- | -- | -- | |
| 08/08/2018 08/08/18 | Price Changed | $229,500 | -2.3% | -- | |
| 05/10/2018 05/10/18 | Price Changed | $234,900 | -2.1% | -- | |
| 04/22/2018 04/22/18 | For Sale | $239,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,658 | $31,000 | $4,350 | $26,650 |
| 2024 | $4,658 | $31,000 | $4,350 | $26,650 |
| 2023 | $4,540 | $22,000 | $3,525 | $18,475 |
| 2022 | $4,540 | $22,000 | $3,525 | $18,475 |
| 2021 | $4,439 | $22,000 | $3,525 | $18,475 |
| 2020 | $3,202 | $14,327 | $3,525 | $10,802 |
| 2019 | $3,282 | $16,281 | $3,525 | $12,756 |
| 2018 | $2,546 | $16,281 | $3,525 | $12,756 |
| 2017 | $3,243 | $18,388 | $3,150 | $15,238 |
| 2016 | $3,183 | $18,388 | $3,150 | $15,238 |
| 2015 | $2,889 | $18,388 | $3,150 | $15,238 |
| 2014 | $2,631 | $16,747 | $3,000 | $13,747 |
| 2013 | $2,568 | $16,747 | $3,000 | $13,747 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Siegel
-
Fredy Rodriguez
Buyer's Agent in 2022
Fredy Rodriguez
At Home Realty Partners LLC
(773) 458-3769
1 in this area
10 Total Sales
-
A
Seller's Agent in 2018
Angelo Kalaras
SR Realty Group Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11351149
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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