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Image 1 - 3901 West Jackson Boulevard, Chicago, IL 60624, USA - House for sale
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Home For Sale In Chicago, Illinois
3901 West Jackson Boulevard, Chicago, IL 60624, USA

Home For Sale In Chicago, Illinois

house for sale
Listed: 05/17/24

3901 West Jackson Boulevard, Chicago, IL 60624, USA

Studio Bed:
5 Bath:
Save
Price
$ 1,43M

About This House

Key Details: Property Type: Multifamily Residential Units:13 (10) 2-bedroom units (3) 3-bedroom units Listing Price:$1, 430, 000Cap Rate:8.55% Current AnnualNOI: $122, 292Location and 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 …  Full description

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West Garfield Park Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.