M
Seller's Agent in 2021
Marcus Carter
Chicagoland Brokers, Inc.
6 in this area
30 Total Sales
4538 W Jackson Blvd Chicago, IL 60624
Garfield Park Neighborhood
14
Beds
4
Baths
4,909
Sq Ft
--
Built
Highlights
- Gated Community
- 2 Car Detached Garage
- Paved or Partially Paved Lot
About This Home
As of July 2021A unique opportunity! A legal 4 unit, this three-story building features three 4 bedroom and 1 bathroom apartments utilizing IDENTICAL layouts and a freshly rehabbed (2020) ground level 2 bedroom and 1 bathroom unit. Updates throughout, updated kitchens and bathrooms. Laundry in each units, hardwood flooring, newer appliances (dishwasher included), central air and thats just for starters. Kitchens have granite countertops, 42 inch cabinets, large closets for greater storage space, intercom access to the property and apartments, new electric (400 amp service), updated plumbing, new 2 car garage, fenced front and rear with alley access, AND the property is already cashflowing. Perfect for the owner occupant looking to have their mortgage paid. Cash flowing already, this building could make north of $5500k per month fully occupied. Or have your mortgage paid and a little left over. Ideally located a short drive from downtown Chicago, easy access to I290 in the booming West Garfield Park neighborhood. This would be a very special building as a desirable income property. Each unit has separate utilities (gas and electric). Priced to sell!
Last Agent to Sell the Property
Chicagoland Brokers, Inc. License #475166498 Listed on: 05/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,551
Year Renovated
- 2020
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Potential Bedrooms
- 4 Bathrooms
Lot Details
- Lot Dimensions are 25 x 121
- Paved or Partially Paved Lot
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Building Details
- Electric Expense $420
- Insurance Expense $2,520
- Water Sewer Expense $1,440
- Gross Income $4,107
Additional Features
- 4 Units
- Gated Community
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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 |
|---|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $550,000 | 0.0% | $112 / Sq Ft | |
| 05/06/2021 05/06/21 | For Sale | -- | -- | -- | |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- | |
| 05/04/2021 05/04/21 | Off Market | $550,000 | -- | -- | |
| 05/01/2021 05/01/21 | For Sale | $529,000 | +228.6% | $108 / Sq Ft | |
| 11/20/2018 11/20/18 | Sold | $161,000 | +46.4% | $33 / Sq Ft | View Prior Sale |
| 11/20/2018 11/20/18 | For Sale | $110,000 | -31.7% | $22 / Sq Ft | |
| 11/19/2018 11/19/18 | Pending | -- | -- | -- | |
| 09/28/2018 09/28/18 | Pending | -- | -- | -- | |
| 09/23/2018 09/23/18 | Off Market | $161,000 | -- | -- | |
| 09/01/2018 09/01/18 | For Sale | $110,000 | -- | $22 / Sq Ft |
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 | $2,964 | $35,001 | $4,423 | $30,578 |
| 2024 | $2,964 | $35,001 | $4,423 | $30,578 |
| 2023 | $2,889 | $14,000 | $3,584 | $10,416 |
| 2022 | $2,889 | $14,000 | $3,584 | $10,416 |
| 2021 | $2,824 | $13,999 | $3,583 | $10,416 |
| 2020 | $4,440 | $19,867 | $3,583 | $16,284 |
| 2019 | $4,551 | $22,577 | $3,583 | $18,994 |
| 2018 | $3,793 | $22,577 | $3,583 | $18,994 |
| 2017 | $4,571 | $24,536 | $3,202 | $21,334 |
| 2016 | $4,414 | $24,536 | $3,202 | $21,334 |
| 2015 | $4,015 | $24,536 | $3,202 | $21,334 |
| 2014 | $3,741 | $22,734 | $3,050 | $19,684 |
| 2013 | $3,656 | $22,734 | $3,050 | $19,684 |
Source: Public Records
Agents Affiliated with this Home
-
Marcus Carter
-
Victoria Waliczek
Buyer's Agent in 2021
Victoria Waliczek
Coldwell Banker Realty
(312) 480-1711
2 in this area
124 Total Sales
-
Randy Ferino
Seller's Agent in 2018
Randy Ferino
L & B All Star Realty Advisors LLC
(773) 230-1031
33 Total Sales
-
Ira Lauter
Seller Co-Listing Agent in 2018
Ira Lauter
L & B All Star Realty Advisors LLC
(312) 925-0900
45 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11073045
APN: 16151140190000
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