3501 Walnut Street, East Garfield Park, Chicago, Illinois 60624


$440,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1891
Property Taxes: $3,430
Days On Market: 916
Lot Size: 0,05
Map
Street View

Description

Rare opportunity to own a legitimate 10 cap brick 4 unit building in East Garfield Park. Each unit has 2 bedrooms and 1 bathroom. Separately metered utilities and low taxes make this an investor or live in owner's perfect property. Each unit has forced air and heat, as well as in unit washer/dryer. Three units currently rented and one vacant unit for potential owner occupant. Gross Rental Income of $56,400 (pro forma). Net Operating Income of approximately $46,030. Newer parapet wall and steel support beams. Incredible location just one block from Garfield Park and the Garfield Park Conservatory, walking distance to the Green line Train stop, Urban Farms, Schools, and more!

Property Specifics

Multi-unit
1891
No
0.05
Cook
— / —
11773616
16114090200000

Property History

DATE: EVENT: PRICE: SOURCE:
7 Feb, 2014 Sold $55,000 MRED MLS
18 Nov, 2013 Under contract $59,000 MRED MLS
18 Nov, 2013 Listed for sale $59,000 MRED MLS
2 Jun, 2022 Sold $370,000 MRED MLS
14 Nov, 2021 Under contract $364,900 MRED MLS
2 Nov, 2021 Listed for sale $364,900 MRED MLS
14 Jun, 2023 Sold $440,000 MRED MLS
11 May, 2023 Under contract $450,000 MRED MLS
3 May, 2023 Listed for sale $450,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

24X85
Not in DB

Tax History

Year Property Taxes
2014 $2,846
2022 $3,830
2023 $3,430

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Listing Provided By

Main Street Real Estate Group