Estimated payment $4,214/month
Total Views
3,401
9
Beds
6
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Community Lake
- Sun or Florida Room
- Enclosed Patio or Porch
- Property is near park
- 3 Car Detached Garage
- Paved or Partially Paved Lot
About This Home
Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a "separate A/C, furnaces, hot water heaters, and in-unit W/D" ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. All 3 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $2,777.00.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,100
Year Built
- Built in 1917
Lot Details
- 4,356 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Window Screens
- Sun or Florida Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Enclosed Patio or Porch
- Property is near park
Community Details
Overview
- 3 Units
- Community Lake
Building Details
- Insurance Expense $3,500
- Water Sewer Expense $2,835
- Gross Income $71,280
- Net Operating Income $71,280
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Home Values in the Area
Average Home Value in this Area
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 | $5,082 | $46,111 | $6,781 | $39,330 |
| 2024 | $5,082 | $46,111 | $6,781 | $39,330 |
| 2023 | $4,936 | $24,000 | $5,469 | $18,531 |
| 2022 | $4,936 | $24,000 | $5,469 | $18,531 |
| 2021 | $4,826 | $23,999 | $5,468 | $18,531 |
| 2020 | $3,647 | $16,372 | $5,468 | $10,904 |
| 2019 | $3,696 | $18,396 | $5,468 | $12,928 |
| 2018 | $3,634 | $18,396 | $5,468 | $12,928 |
| 2017 | $4,997 | $23,212 | $4,812 | $18,400 |
| 2016 | $5,623 | $28,073 | $4,812 | $23,261 |
| 2015 | $5,144 | $28,073 | $4,812 | $23,261 |
| 2014 | $4,982 | $26,851 | $3,937 | $22,914 |
| 2013 | $4,884 | $26,851 | $3,937 | $22,914 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Pending | -- | -- | -- | |
| 04/17/2026 04/17/26 | Off Market | $698,750 | -- | -- | |
| 04/13/2026 04/13/26 | For Sale | $698,750 | +245.9% | -- | |
| 05/13/2014 05/13/14 | Sold | $202,000 | -30.3% | -- | View Prior Sale |
| 02/04/2014 02/04/14 | Pending | -- | -- | -- | |
| 11/15/2013 11/15/13 | For Sale | $290,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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George's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12606467
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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