$395,000
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2722 W Jackson Boulevard Chicago, IL 60612
Multi-Family
Residence
6
Beds
3
Baths
Sq. Ft.
Property Activity
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2722 West Jackson is currently in a multiple bid situation and we are asking for highest and best offers due by Tuesday January 7th 2025 at 6:00 p.m. Thanks for your time. TONS OF VALUE ADD WITH THIS PROPERTY AT: 2722 W JACKSON BLVD! THIS IS A VACANT ((LEGAL 2 UNIT)) PROPERTY WITH A FULL SIDE LOT.... THE DOUBLE LOT MEASURES ((50X125)) AND IS ZONED ((R4)). The property includes (1) 3 bed 1 bath apartment that was recently rented for One Thousand Seven Hundred & 50 Dollars & (1) 3 bed 1.5 bathroom that was rented for One Thousand Eight Hundred & Ninety Five Dollars just recently. 2 parking spots in the rear were rented for Ninety Five a piece. And three locals were renting 3 spots at Eighty dollars a piece on the side lot. Each unit is roughly about 1100 square feet and they both get really great natural light throughout the entire building, they have 10 foot ceilings and have good looking hardwood floors throughout. The property is ripe for a good rehab although they are very much in moving condition as it is. The 2 units might need a little bit of cosmetic work but they were rented just last month as they are now and were getting really good rent that we are stating above. Perfect to live in one unit and rent the other out and live there for very little cost. The RT4 zoning allows for (6) condos to be built on the double lot or you can keep the legal 2 flat and build a 3 unit condo building on the other lot. TONS of NEW buildings in the area, just a 5 minute drive to downtown and if you were to build a couple three Flats those rooftop decks are going to get amazing views from up on those decks.
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MLS#
12259156
Property Type
Multi-Family
Bedrooms
6
Bathrooms
Year Built
1888
Sewer
Public Sewer
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