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 | 
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
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 24X85 | |
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| Not in DB | |
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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

                
