Investors here you go - beautiful 2 flat brownstone plus garden unit in West Garfield Park! This is priced to generate nearly 20% cash on cash returns! The building contains (2) three bedroom/ 1 bathroom units, (1) four bedroom/1 bathroom (10 bedrooms / 3 bathrooms total). Fully occupied generating over $51k/year in rents with upside potential. Building has been occupied by great tenants producing stable cash flows. A 100% gut rehab from top to bottom was completed in 2012 and the building has been professionally maintained since. Garden unit and Unit 1 were refreshed with new flooring, paint and appliances in February, 2025 upon tenant turnover. Each unit benefits from separate utilities with each containing their dedicated water heaters, central HVAC,and utility meters. Both units 1 & 2 offer air conditioning with the capability to add on A/C to the garden unit. Coin operated laundry located in common area laundry room in the garden. Asphalt slab in the rear of the building provides space for parking up to (6) vehicles. Garden unit has a complete drain tile system installed in 2013 which includes full vapor barrier covering the entire brick foundation wall.
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For more information about 4141 W Jackson, Chicago, IL 60624 contact Corcoran Urban Real Estate.
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