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:	1264
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

Proerty Type	Multi-unit
Stories	—
Style	—
Year Built	1891
Basement	—
Model	—
Waterfront	No
Lot Size	0.05

County	Cook
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	—
Sewer	—
MLS #	11773616
PIN #	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
12 Oct, 2026	Listed for sale	$530,000	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

Garage	—
Foundation	—
Driveway	—
Exterior Features	—
Lot Description	—
Lot Dimensions	24X85
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	—
Park	—
Common Area	—
Fireplace(s) Info	—