4138 W Jackson Blvd Chicago, IL 60624
Garfield Park NeighborhoodEstimated payment $3,280/month
About This Home
This newly converted 6-unit multifamily property was redeveloped from top to bottom, from the brand-new garden units to the complete tear-off roof replacement. Each unit features 3 bedrooms and 1 bath, engineered hardwood floors in above-ground units, new mechanicals, stainless steel appliances, tenant-paid utilities, and all the necessary amenities including parking and laundry hookups. All redevelopment was completed in accordance with Chicago City Code with permits in 2022. The developer spared no expense on this turnkey investment opportunity. The property is now fully rented and generating approximately $10,000 GMI, offering immediate stabilized cash flow from day one. There's nothing left to do but make it yours and start earning!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,856
Year Built
- Built in 1902
Home Design
- Garden Apartment
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
- Rubber Roof
Additional Features
- 2-Story Property
- 5,663 Sq Ft Lot
- Forced Air Heating System
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $840
- Insurance Expense $7,000
- Trash Expense $1,320
- Water Sewer Expense $3,000
- Operating Expense $20,016
- Gross Income $132,000
- Net Operating Income $98,784
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,541 | $34,001 | $8,773 | $25,228 |
| 2024 | $2,541 | $34,001 | $8,773 | $25,228 |
| 2023 | $2,477 | $12,000 | $6,304 | $5,696 |
| 2022 | $2,477 | $12,000 | $6,304 | $5,696 |
| 2021 | $2,421 | $12,000 | $6,304 | $5,696 |
| 2020 | $4,826 | $21,591 | $7,108 | $14,483 |
| 2019 | $4,946 | $24,536 | $7,108 | $17,428 |
| 2018 | $4,862 | $24,536 | $7,108 | $17,428 |
| 2017 | $3,210 | $24,678 | $6,352 | $18,326 |
| 2016 | $3,575 | $24,678 | $6,352 | $18,326 |
| 2015 | $3,436 | $24,678 | $6,352 | $18,326 |
| 2014 | $3,406 | $23,301 | $6,050 | $17,251 |
| 2013 | $3,418 | $23,301 | $6,050 | $17,251 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/13/2026 06/13/26 | Price Changed | $500,000 | -45.9% | -- | |
| 05/26/2026 05/26/26 | For Sale | $925,000 | +516.7% | -- | |
| 07/20/2021 07/20/21 | Sold | $150,000 | +7.2% | -- | View Prior Sale |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- | |
| 05/13/2021 05/13/21 | For Sale | $139,900 | +27.2% | -- | |
| 06/01/2018 06/01/18 | Sold | $110,000 | -21.4% | -- | View Prior Sale |
| 04/04/2018 04/04/18 | Pending | -- | -- | -- | |
| 03/30/2018 03/30/18 | For Sale | $140,000 | 0.0% | -- | |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- | |
| 03/23/2018 03/23/18 | For Sale | $140,000 | 0.0% | -- | |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- | |
| 02/21/2018 02/21/18 | Price Changed | $140,000 | -12.5% | -- | |
| 02/13/2018 02/13/18 | Price Changed | $160,000 | -5.9% | -- | |
| 01/29/2018 01/29/18 | For Sale | $170,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12658684
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Ask me questions while you tour the home.