NOT LISTED FOR SALE

3453 W Jackson Blvd Chicago, IL 60624

Garfield Park Neighborhood
16 Beds
7 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 09, 2018

Last sale price $275,000

15 Days on Market

About This Home

As of April 2018

The bldg was built approx in 1923. It is a brick and frame 3-story center entrance walk up bldg. There are a total of six units. The address of the e side of the bldg is 3453 and the address of the w side of the bldg is 3455. There are two 3 bdrm apts, three 2 bdrm apts, and one 4bdrm apt that is duplexed to the lower level. Each unit has its own F/A gas heat. There is no a/c. Tenants pay heat, cooking gas, and electricity. Owner pays sewer, water, and scavanger. Currently 5 of 6 units are occupied. The duplex is vacant and in need of some repairs. Current gross monthly income is 5,350. When repairs are completed to the duplex, gross monthly rent will be 7350. Three of current tenants are sec 8 voucher holders and two tenants are market rate. Good opportunity to buy solid investment in rapidly appreciating area.

Last Agent to Sell the Property

Peter Kanwischer

Comprehensive Real Estate Serv License #471009128 Listed on: 03/13/2018

Last Buyer's Agent

Javier Mercado

Greater Chicago Real Estate Inc. License #475152792

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Additional Features

  • Partially Finished Basement

Community Details

  • Insurance Expense $3,600

Listing and Financial Details

  • Tenant pays for electric, heat, hot water

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 45190
  • Repairs Decor Expense: 4500
  • Roof Coverings: Reflective Coating
  • Roof Structure: Flat
  • Scavenger Expense: 1500
  • Total Annual Exp: 19000
  • Total Annual Income: 88200
  • Total Monthly Income: 5350
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1923
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1923

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.14
  • Construction: Brick, Wood Frame
  • Frontage Access: City Street

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Forced Air, Gas, Separate Per Unit
  • Water Expense: 4200

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Circuit Breakers, 0-100 Amps

Lot Info

  • Lot Dimensions: 50 X 112
  • Lot Sq Ft: 5600
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 16142150150000

Rental Info

  • Gross Rental Income: 64200
  • Tenant Pays: Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2017
  • Insurance Expense: 3600

Tax Info

  • Taxes: 5200

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $275,000 -21.4% --
03/28/2018 03/28/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $349,900 0.0% --
03/14/2018 03/14/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $349,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Peter Kanwischer

    Comprehensive Real Estate Serv

    (847) 921-3776

    4 Total Sales

    Peter Kanwischer
    Section Image

  • J

    Buyer's Agent in 2018

    Javier Mercado

    Greater Chicago Real Estate Inc.

    (773) 885-3344

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09882718

Midwest Real Estate Data (MRED)

Illinois Cook County Chicago 60624 Garfield Park

3453 W Jackson Blvd, Chicago, IL

This home is located at 3453 W Jackson Blvd, Chicago, IL 60624 since 13 March 2018. This property was built in 1923. 3453 W Jackson Blvd is a home located in Cook County with nearby schools including Faraday Elementary School, Marshall Metropolitan High School, and A. Locke Charter Elementary Academy.

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