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Backup Offers

3522 W Jackson Blvd, Chicago, IL, 60624

$675,000

Home List Price

$8,016*

Closing Credit

21 Bedrooms
8 Baths
House

Location

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3522 W Jackson Blvd, Chicago$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1908
HeatingNatural Gas, Forced Air
BasementYes
MLS #12095933
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Contingent)

About 3522 W Jackson Blvd

SHORT SALE!!! This property presents an enticing investment prospect, located in the thriving neighborhood of East Garfield Park. It boasts a semi-renovated 3-unit building, formerly a condo, plus coach house offering excellent cash flow potential with promising rental upside. The main building comprises three generously sized units alongside a duplex coach house featuring 3 bedrooms and 1.5 bathrooms. Noteworthy features include copper plumbing, updated electrical systems, individual gas-forced heat, and separate hot water tanks, ensuring efficient and manageable utilities. Additionally, 2 units benefit from laundry hookup facilities and unit 3 has in-unit laundry. The property's strategic location, coupled with its spacious layouts and desirable amenities, positions it as a prime income-generating asset. With a few tweaks and additions, this turnkey investment opportunity is primed for substantial returns. Unit 2 is rented for a 2 year lease for $1700, Unit 3 is rented MTM for $1922, and the Coach house rental is MTM at $1,200. Overall, this property presents a compelling investment proposition, underscored by its robust cash flow potential and favorable market conditions. Some cosmetic updates could push these large 6 bedroom units into a larger rental upside.

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: Dream Town Realty
  • Office Phone: (312) 242-1000
  • Listing Agent: Brandice Hampton

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 21

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 3522 W Jackson, east of Central Park on north side of Jackson

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $3,596
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

3522 W Jackson Blvd vs Chicago

147 DAYS ON ROCKET

+115 Days

$675,000

+$314.6K More

KEY TAKEAWAY

This property is $314.6K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12095933

Listing Office:

  • Office Name: Dream Town Realty
  • Office Phone: (312) 242-1000
  • Listing Agent: Brandice Hampton

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2020Home Sold
$425,000
Dec 20, 2012Home Sold
$20,000
Feb 22, 2008Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2019$3,596$17,898

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-410130
5
/10
  • Liberty Elementary School

  • 4946 W 13th St

  • 1.99 miles

  • Public District Grades PK-3

school-card-donut-410131
6
/10
  • Cardenas Elementary School

  • 2345 S Millard Ave

  • 2.03 miles

  • Public District Grades PK-3

school-card-donut-410132
5
/10
  • Theodore Roosevelt Elementary School

  • 1500 S 50th Ave

  • 2.18 miles

  • Public District Grades 4-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,887. Residents of Chicago, IL typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3522 W Jackson Blvd

What is the listing price of this property?

The listing price of 3522 W Jackson Blvd property is $675,000.

What type of property is this?

The property 3522 W Jackson Blvd is a house located in Chicago, Illinois, 60624.

Is this property for sale now?

Accepting Backup Offers: 3522 W Jackson Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $3,596 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2020 for $425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3522 W Jackson Blvd has 21 bedrooms and 8 bathrooms.

Which year was this property built?

The year of construction for 3522 W Jackson Blvd is 1908.

Rocket HomesIllinoisCook CountyChicago606243522 W Jackson Blvd

This home is located at 3522 W Jackson Blvd in Chicago, IL and zip code 60624 in the Fifth City neighborhood. This home, which was built in 1908, sits on a 0.12 acre lot. Features: 21 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $675,000.

In October 2024 more than 539 listings in Chicago, IL were sold above the asking price. During the same period more than 337 listings were sold at asking price, while more than 919 were sold below. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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