Map of Property

3901 W. Jackson

3901 West Jackson Boulevard, Chicago, IL 60624

  • For Sale $1,430,000
  • Property Type Multi-Family
  • Property Size 14,400 SF
  • Units 0
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Building Class C
  • Date Updated Jun 30, 2024

3901 W. Jackson Blvd., Chicago, IL 60624

 

Key Details:

Property Type: Multifamily Residential

Units:13

(10) 2-bedroom units

(3) 3-bedroom units

Listing Price:$1,430,000

Cap Rate:8.55%

Current Annual NOI: $122,292

 

Location & Market Insights:

Strategically situated in a vibrant neighborhood of Chicago, the property benefits from a location that is poised for growth and stability. The surrounding area offers a blend of community amenities and economic potential, making it an attractive choice for both residents and investors.

 

Investment Highlights:

1. Strong Financial Returns: With a capitalization rate of 8.55%, the property offers an attractive return on investment, projecting an annual net operating income of $122,292. This makes it a highly appealing asset for investors prioritizing income potential and financial stability.

 

2. Growth Potential: The multifamily property's value is set to appreciate due to its urban location. Potential rent increases and market trends can offer significant capital growth, providing investors with a strong opportunity for long-term gains.

 

3. Steady Cash Flow: The property features a diverse tenant base across its 13 units, reducing the financial risks related to tenant turnover. This ensures a more predictable and stable cash flow, supporting reliable earnings over time.

 

4. High-Yield, Low-Risk Asset: The property's mix of unit sizes ensures a consistent demand from tenants, while its strategic location minimizes vacancy risk. It stands out as a high-yield, low-risk investment in a prime urban market.

 

This property at 3901 W. Jackson Blvd. presents a valuable opportunity for investors seeking a steady, reliable, and profitable asset in Chicago's dynamic real estate market.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Tony Hardy

Keller Williams ONEChicago

broker

Travis Montgomery

Keller Williams ONEChicago

broker

Rudy Hancock

Keller Williams ONEChicago

broker

Ariana Abercrumbie

Keller Williams ONEChicago

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable

  • Transit Score ®

    72/100 Excellent Transit

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood West Garfield Park
  • Zip Code 60624
  • Market Chicago

Points of Interest

  • Cicero

    1.27 miles

  • Central Park

    1.64 miles

  • 54th/Cermak

    2.44 miles

  • Racine

    3.30 miles

  • California

    3.41 miles

  • UIC-Halsted (Morgan Street)

    3.69 miles

  • Morgan

    3.75 miles

  • Logan Square

    3.76 miles

  • Logan Square

    3.79 miles

  • UIC-Halsted (Halsted Street)

    3.92 miles

  • Citgo

    0.18 miles

  • BP

    0.32 miles

  • BP

    0.65 miles

  • Shell

    0.73 miles

  • Falcon

    0.75 miles

  • BP

    0.77 miles

  • GoLo

    0.78 miles

  • Midwest

    0.82 miles

  • Amoco

    0.96 miles

  • BP

    1.12 miles

  • City of Chicago Auto Pound #6

    1.74 miles

  • Lot W5

    2.35 miles

  • f

    2.39 miles

  • Overflow Parking

    2.40 miles

  • Disabled

    2.44 miles

  • G

    2.45 miles

  • Club/Premium

    2.48 miles

  • Bus Parking

    2.50 miles

  • Lot A4

    2.53 miles

  • Lot A3

    2.54 miles

  • Shamrock Motel

    1.38 miles

  • Karavan Motel

    1.71 miles

  • Hyatt Place Chicago - Medical / University District

    2.58 miles

  • Hyatt House Chicago - Medical / University District

    2.65 miles

  • Cindy Lyn Motel

    2.79 miles

  • Hotel Chicago West Loop

    2.86 miles

  • Marriott at Medical District/UIC

    2.95 miles

  • Holiday Jones

    3.25 miles

  • Fullerton Hotel

    3.28 miles

  • Alexandra's place

    3.33 miles

  • Jerk Taco Man

    0.13 miles

  • White Castle

    0.26 miles

  • Checkers

    0.73 miles

  • Subway

    0.73 miles

  • Inspiration Kitchens

    0.73 miles

  • Soule

    0.83 miles

  • Popeyes

    0.93 miles

  • Taco Bell

    0.97 miles

  • Subway

    1.08 miles

  • McDonald's

    1.12 miles

  • Delano Elementary School

    0.12 miles

  • Leif Ericson Scholastic Academy

    0.34 miles

  • Presentation School

    0.36 miles

  • Debbies School of Beauty Culture

    0.40 miles

  • Providence Saint Mel High School

    0.44 miles

  • Saint Meland School

    0.48 miles

  • Gregory Elementary School

    0.51 miles

  • Webster Elementary School

    0.54 miles

  • Bethel Lutheran School

    0.57 miles

  • Tilton Elementary School

    0.60 miles

  • Adams Street Child Care Center

    2.43 miles

  • Little Folks Cottage Inc

    2.57 miles

  • New Zion Childcare Academy

    2.62 miles

  • Peter Cottontail Day Nursery

    2.79 miles

  • ABC Toon Town Day Care

    2.89 miles

  • Sunny Days Kid's Academy

    3.05 miles

  • Morningside Children's Academy

    3.15 miles

  • Taylor Tots

    3.18 miles

  • North Avenue Day Nursery

    3.24 miles

  • Peachtree Nursery and Preschool

    3.29 miles

Frequently Asked Questions

How much does 3901 W. Jackson cost?

The space currently listed for sale at 3901 W. Jackson asks for $1,430,000.

What is the total square footage of 3901 W. Jackson ?

3901 W. Jackson totals 14,400 square feet.

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