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Backup Offers

3622 W Franklin Blvd, Chicago, IL, 60624

$525,000

Home List Price

$6,234*

Closing Credit

9 Bedrooms
3 Baths
House

Location

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3622 W Franklin Blvd, Chicago$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingUnassigned, Off Alley
Year Built1907
HeatingNatural Gas
MLS #12158369
StatusAccepting Backup Offers
(Contingent)

About 3622 W Franklin Blvd

This exceptional three-flat in the vibrant Humboldt Park neighborhood features three spacious units, each with three bedrooms, one bathroom, AND its own **In-Unit Washer and Dryer + a Utility/Laundry Sink!** Renovated just 4 years ago, this property has been well-maintained and ready for minor touch-ups to reach its full potential! Each unit boasts central A/C, updated kitchens with stainless steel appliances, dishwashers, marbled quartz countertops with breakfast bars, and white shaker cabinets. Recessed lighting and the modern color palette enhances the contemporary feel throughout. Other noteworthy upgrades and features include tuckpointing and new windows (2020), while high ceilings and hardwood floors add charm + the numbered, rear, parking pad offers opportunity for additional income potential! Ideal for an owner-occupying buyer or investors, this property presents an opportunity to add personal touches or increase rental income. Currently, all units are fully occupied with tenant who pay below-market rents, two of them are on month-to-month leases and two with vouchers. With minor improvements, you can potentially capitalize on average renovated rents rates of $2,300 per month along with significant equity upside with comparable sale values of $648,500 over the past year! Located in Humboldt Park, this property is close to shopping, dining, public transit, and parks, with easy access to I-290. This opportunity won't last long-schedule a showing today to explore the potential of this fantastic three-flat! Tenants rights will apply. Property will be sold as-is where-is.

Property Details

Property Features

Property Information:

  • Year Built: 1907

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: D'Andre Daye

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: Unassigned, Off Alley

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: 290 TO 3622 W FRANKLIN BLVD

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $2,607
  • 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

3622 W Franklin Blvd vs Chicago

67 DAYS ON ROCKET

+35 Days

$525,000

+$164.6K More

KEY TAKEAWAY

This property is $164.6K 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: #12158369

Listing Office:

  • Office Name: Straight-A Realty, LLC
  • Office Phone: (630) 288-2446
  • Listing Agent: D'Andre Daye

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

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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

Dec 11, 2020Home Sold
$492,000
Jan 09, 2018Home Sold
$62,500

Tax History

YEARPROP. TAXASSESSMENT
2019$2,607$12,975
2018$2,563$12,975
2017$4,367$20,288

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-365555
4
/10
  • Nixon Elementary School

  • 2121 N Keeler Ave

  • 2.12 miles

  • Public District Grades PK-6

school-card-donut-365556
5
/10
  • Liberty Elementary School

  • 4946 W 13th St

  • 2.44 miles

  • Public District Grades PK-3

school-card-donut-365557
4
/10
  • Lloyd Elementary School

  • 2103 N Lamon Ave

  • 2.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,981. Most Chicago, IL residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3622 W Franklin Blvd

What is the listing price of this property?

The listing price of 3622 W Franklin Blvd property is $525,000.

What type of property is this?

The property 3622 W Franklin Blvd is a house located in Chicago, Illinois, 60624.

Is this property for sale now?

Accepting Backup Offers: 3622 W Franklin 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 $2,607 (source: MLS/based on county public records data).

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

The last sale was on December 11, 2020 for $492,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3622 W Franklin Blvd has 9 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 3622 W Franklin Blvd is 1907.

Rocket Homes›Illinois›Cook County›Chicago›60624›3622 W Franklin Blvd

This home is located at 3622 W Franklin Blvd in Chicago, IL and zip code 60624 in the Humboldt Park neighborhood. This home was built in 1907. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $525,000.

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

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

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