5436 W Jackson BLVD, Chicago, IL 60644
5436 W Jackson BLVD, Chicago, IL 60644
5436 W Jackson BLVD, Chicago, IL 60644
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$499,000
Est. payment /mo
12 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12638557

Bedrooms 12

Year Built 1922

Annual Tax Amount $6,830

Tax Year 2024

Lot Dimensions 50x125

Property Sub-Type Two to Four Units

Property Description

Rarely available Austin 4-flat with strong income potential and substantial capital improvements throughout the years. Property appraised at $500,000 in July 2023. Recent unit updates include a 2025 rehab of Unit 1E and a 2022 rehab of Unit 1W. Major building improvements include a rubber roof installed on both the building and garage in 2015, with maintenance touch-ups completed in 2021, and a rear porch rebuilt to code in 2013. The property features individual furnaces for each unit and the basement, installed in 2004, with the furnace in Unit 2E replaced in 2010. All furnaces are serviced annually, and tenants pay for their own heat. Additional improvements include the replacement of all 72 windows with high-efficiency double-pane Low-E aluminum windows; a 75-gallon water heater installed in December 2022; copper plumbing added on the west side and part of the east side of the building in 2006; and sewer lines repaired with a new liner in 2026, which includes a limited warranty. Two two-car garages generate an additional $100 per garage per month ($200 total), bringing the property's total monthly income to approximately $5,250. Note: Only one of the two garages is currently rented. Unit 1W is leased through Section 8. Unit 2W is rented below market value in exchange for tenant assistance with building maintenance. Property is sold AS-IS.

Location

State IL

County Cook

Area Chi - Austin

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 4.0

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by Debra Taitel of  Baird & Warner 

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NEARBY SCHOOL & BUSINESS

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent | License ID: 475192585

Agent License ID: 475192585

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5436 W Jackson BLVD