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Backup Offers

3528 W 12th Pl, Chicago, IL, 60623

$475,000

Home List Price

$5,641*

Closing Credit

12 Bedrooms
3 Baths
House

Location

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3528 W 12th Pl, Chicago$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1909
HeatingForced Air
BasementYes
MLS #12158371
StatusAccepting Backup Offers
(Contingent)

About 3528 W 12th Pl

Attention Investors and Owner-Occupants! This beautiful Greystone 2-Flat w/ a bonus Luxury Garden Unit in North Lawndale is a rare turnkey cash-flow opportunity that won't last! With over 3,500 sq. ft. of living space, this property allows you to live for free while generating substantial rental income. 90% of the improvements have been completed, only 10% remaining! The two main Units each feature four spacious bedrooms and one bathroom, while the sizable Garden Unit boasts four bedrooms, 1 full bathroom, 7ft+ ceilings, and modern updates throughout! All Units offer luxury vinyl flooring, recessed lighting, stainless steel appliances, and updated kitchens with white shaker cabinets. Unit 1 and the Garden Unit have freshly updated bathrooms and are vacant, move-in ready with fresh paint and contemporary finishes. Unit 2 is occupied by a long-standing CHA tenant with a four-bedroom voucher, renting well below market, presenting an immediate rent increase opportunity in 2025. This property is perfect for house-hackers: live in the Garden Unit while renting out the other two. Comparable rents for four-bedroom units in the area reach up to $2,200/month, with Unit 2 capable of yielding $2,000+ with a rent adjustment. With a potential gross income of $6,400 per month, far exceeding the estimated $3,400 for mortgage, taxes, and insurance at a 7% interest rate, you'll enjoy positive cash flow while living mortgage-free! Additional highlights include forced heat, separated utilities, and new water tanks and furnaces in each unit! The fully fenced backyard offers privacy and space for tenant enjoyment or personal use. Located in the rapidly appreciating North Lawndale neighborhood, minutes from I-290, parks, shopping, dining, and public transit, this property is surrounded by growth and opportunity. Comparable properties are selling for upwards of $573,000, and the strong rental market ensures high demand. Don't miss out on this chance to live mortgage-free while building equity. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Greystone
  • Year Built: 1909

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: Michael Applegate

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: ROOSEVELT TO CENTRAL PK AVE SOUTH 1/2 BLOCK TO 12TH

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $2,880
  • Tax Year: 2019
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Housing Market Comparison

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

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

3528 W 12th Pl vs Chicago

27 DAYS ON ROCKET

-5 Days

$475,000

+$114.6K More

KEY TAKEAWAY

This property is $114.6K 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: #12158371

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: Michael Applegate

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, 4:15:56 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

Jan 07, 2010Home Sold
$38,500
Feb 21, 2006Home Sold
$305,000
Sep 10, 2004Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,880$14,285
2018$2,830$14,285
2017$3,614$16,731

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-352860
6
/10

  • Cardenas Elementary School

  • 2345 S Millard Ave

  • 1.18 miles

  • Public District Grades PK-3

school-card-donut-352861
2
/10

  • McCormick Elementary School

  • 2712 S Sawyer Ave

  • 1.66 miles

  • Public District Grades PK-5

school-card-donut-352862
5
/10

  • Liberty Elementary School

  • 4946 W 13th St

  • 1.78 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,347. Typical income of Chicago, IL residents is less than $35k annually. The most common type of family is single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3528 W 12th Pl

What is the listing price of this property?

The listing price of 3528 W 12th Pl property is $475,000.

What type of property is this?

The property 3528 W 12th Pl is a house located in Chicago, Illinois, 60623.

Is this property for sale now?

Accepting Backup Offers: 3528 W 12th Pl 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 $2,880 (source: MLS/based on county public records data).

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

The last sale was on January 7, 2010 for $38,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3528 W 12th Pl has 12 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 3528 W 12th Pl is 1909.

Rocket Homes›Illinois›Cook County›Chicago›60623›3528 W 12th Pl

This home is located at 3528 W 12th Pl in Chicago, IL and zip code 60623 in the West Side neighborhood. This home was built in 1909. Features: 12 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $475,000.

Chicago, IL housing market in October 2024 saw over 539 listings sold above listed price, more than 337 sold at listed price and over 919 sold below. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. In October 2024 median list price was $360,336 and the average listing age was 32 days.

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

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