2937 W Jackson Boulevard
Chicago, IL 60612

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $265,000
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About this home

Legal two unit building with a full unfinished basement! In East Garfield Area. Investors welcome! This fixer upper has great potential for great rental income. Three electrical meters, one boiler and three water tanks. Complete upgrades were completed in the 2nd floor. New kitchen, bathroom, laundry, new flooring, new windows, new appliances. New kitchen plumbing and new kitchen electrical completed in the 2nd unit. Kitchen new tile installation and drywall completed. 2nd bathroom new floor tile, new vanity, drywall completed, new toilet and shower base. It is located minutes away from Downtown and is easily accessible to 290 expressway. Property is being Sold AS IS. Currently the second unit is being rented at $1, 400 per month on a lease expires August 12, 2024. The first floor and basement had some pre-construction done. Work was not completed. Walls, bathroom and kitchen were knocked down in the vacant units. Priced to sell!

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1890
Exterior Building Type Brick
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - East Garfield Park
Corporate Limits Chicago
Directions SACRAMENTO TO JACKSON EAST TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Steam, Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 5
Tenant Pays None
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1400
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 2

Financials

Financing Renovation Loan
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16131210090000
Special Assessments N
Taxes $1,997
Tax Year 2022
$265,000 Listing Price:
MLS # 11918781
Investment Profile Residential Income
Listing Market Time 56 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 10/27/2023
Year Built 1890
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