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2310 W Jackson Boulevard

Chicago, IL 60612
  • $2,300,000
  • STATUS: Active Under Contract
  • ON SITE: 56 Days
  • MLS #: 11759555
Under Contract
UPDATED: 42 min ago
$2,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2011
County:

School Ratings & Info

Description

This nine-unit apartment building located on the near west side of Chicago is an excellent investment opportunity for anyone looking to own a multi-family property. The building was originally designed to be sold as condos but was completed in 2011 as a rental building, making it a great option for generating rental income. The building is composed of a mix of units, including two (2) four-bed, two bath duplex units, four (4) two-bed, two-bath units, two (2) three-bed, two-bath units, and one (1) two-bed, 2.5 baths with a private roof deck. All of the units have been designed with modern finishes and high-quality appliances, providing tenants with a comfortable and luxurious living experience. Each unit is equipped with its own heating and cooling systems, and tenants are responsible for paying all utilities, which helps to minimize operating expenses. In addition, the property includes one indoor parking space for each tenant, which is a valuable amenity in the city, and further increases the attractiveness of the property. Overall, this property represents a fantastic investment opportunity, with a diverse mix of unit types & strong rental demand.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-10T17:02:42.717 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2310 W Jackson Boulevard Chicago, IL 60612

  • Price: $2,300,000
  • Status: Active Under Contract
  • On Site: 56 Days
  • Updated: 42 min ago
  • MLS #: 11759555
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2011
Built
Neighborhood:
Chi - Near West Side
County:
Cook
Area:
Chi - Near West Side
Property Description
This nine-unit apartment building located on the near west side of Chicago is an excellent investment opportunity for anyone looking to own a multi-family property. The building was originally designed to be sold as condos but was completed in 2011 as a rental building, making it a great option for generating rental income. The building is composed of a mix of units, including two (2) four-bed, two bath duplex units, four (4) two-bed, two-bath units, two (2) three-bed, two-bath units, and one (1) two-bed, 2.5 baths with a private roof deck. All of the units have been designed with modern finishes and high-quality appliances, providing tenants with a comfortable and luxurious living experience. Each unit is equipped with its own heating and cooling systems, and tenants are responsible for paying all utilities, which helps to minimize operating expenses. In addition, the property includes one indoor parking space for each tenant, which is a valuable amenity in the city, and further increases the attractiveness of the property. Overall, this property represents a fantastic investment opportunity, with a diverse mix of unit types & strong rental demand.
Exterior Features

Exterior Building Type BrickBlock Foundation Details Concrete Perimeter Parking Total 9 Roof Structure Flat

Interior Features

Cooling Central Air Fireplaces Total 9 Heat Ventilation Forced Air Number Of Dishwashers 9 Number Of Dryers 9 Number Of Ranges 9 Number Of Washers 9

Property Features

Additional Parcels YN No Approximate Age 7-15 Years Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Circuit Breakers Gross Income 227000 Gross Scheduled Income 227000 Insurance Expense 8271 Maintenance Expense 26917 Mls Actual Status Contingent Net Operating Income 137000 Operating Expense 90000 Tax Annual Amount 28092 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 18900 Township West Chicago Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Next: 773-435-1600.


© 2023 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-10T17:02:42.717 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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