See all 34 photos
$395,000
Est. payment /mo
6 BD
3 BA
New
2722 W Jackson BLVD Chicago, IL 60612
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UPDATED:
12/31/2024 02:25 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12259156
Bedrooms 6
Year Built 1888
Annual Tax Amount $5,516
Tax Year 2022
Lot Dimensions 50X125
Property Description
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.
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony, Deck, Storms/Screens
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Rubber
Building
Lot Description Sidewalks, Streetlights
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by David Mishel • Compass