NOT LISTED FOR SALE

4121 W Jackson Blvd Chicago, IL 60624

Garfield Park Neighborhood
8 Beds
6 Baths
4,581 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: March 17, 2021

Last sale price $260,000 $57 Per Sq Ft

30 Days on Market

About This Home

As of March 2021

Attention investors! Great opportunity to own this 6-unit building in West Garfield Park with over 14% cap rate. The building provides an excellent income & features three types of floorplans: one of a studio $600 with lease expiring in 2021. Two of 1-bed $682.50 & $950 with lease expired in 9/30/2021 & 1/31/2021. Three 2-beds $692.50, $700, $750 with lease expiring in 2021. Tenants pay their own utilities. Property is being sold As-Is.

Last Agent to Sell the Property

Andreea David

Century 21 S.G.R., Inc. License #475185855 Listed on: 01/13/2021

Century 21 S.G.R., Inc.

Last Buyer's Agent

Mario Greco

Compass License #475105845

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1887

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $1,179
  • Maintenance Expense $1,200
  • Operating Expense $15,859
  • Gross Income $52,530
  • Net Operating Income $36,671

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Year Built

Built in 1887

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1887
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air,Separate Per Unit
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Owners Association (Y/N): No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 36671
  • Insurance Expense: 1179
  • GrossIncome: 52530
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 15859
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 4110.68
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 15, 2021
Sold by
Bought by
Seller's Agent
Andreea David
Century 21 S.G.R., Inc.
Buyer's Agent
Mario Greco
Compass
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
0.0273%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2016
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 Greater Illinois Title
$20,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $122,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $260,000 -3.7% $57 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $269,900 +3.8% $59 / Sq Ft
01/13/2021 01/13/21 Price Changed $259,900 -3.7% $57 / Sq Ft
01/13/2021 01/13/21 For Sale $269,900 -- $59 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,329 $31,000 $4,531 $26,469
2024 $2,329 $31,000 $4,531 $26,469
2023 $2,270 $11,000 $3,672 $7,328
2022 $2,270 $11,000 $3,672 $7,328
2021 $2,219 $10,999 $3,671 $7,328
2020 $4,011 $17,945 $3,671 $14,274
2019 $4,111 $20,392 $3,671 $16,721
2018 $4,041 $20,392 $3,671 $16,721
2017 $4,558 $21,101 $3,281 $17,820
2016 $4,226 $21,101 $3,281 $17,820
2015 $4,307 $23,504 $3,281 $20,223
2014 $3,971 $21,403 $3,125 $18,278
2013 $3,893 $21,403 $3,125 $18,278
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andreea David

    Century 21 S.G.R., Inc.

    (312) 292-7338

    1 in this area

    7 Total Sales

    Andreea David
    Section Image
  • Mario Greco

    Buyer's Agent in 2021

    Mario Greco

    Compass

    (773) 255-6562

    3 in this area

    938 Total Sales

    Mario Greco
    Section Image

  • O

    Buyer Co-Listing Agent in 2021

    Olga Shtern

    Compass

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10970036

Midwest Real Estate Data (MRED)

APN: 16152180140000

Illinois Cook County Chicago 60624 Garfield Park

4121 W Jackson Blvd, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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