CHICAGO, IL 60624

GARFIELD PARK MULTIFAMILY VALUE-ADD OPPORTUNITY

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Two neighboring multifamily properties offering seven apartments, strong projected rental income, and significant renovation upside.

3525 & 3527 W Jackson Blvd, Chicago, IL 60624

Asking Price: $660,000

Stabilized ARV: $1.3M+

Price Per Unit: ~$94,286

Total Apartments: 7

Projected Monthly Rent: $11,700–$14,250

3525 W Jackson Blvd – Four Units

PIN: 16-14-214-009-0000

Current Configuration: 6 Beds / 3 Baths

Potential Configuration: 8 Beds / 4 Baths

• First Floor: 3 Bed / 1 Bath
• Second Floor: Two 1 Bed / 1 Bath apartments
• Third Floor: 1 Bed / 1 Bath
• 2025 Taxes: Approximately $5,627.67

3527 W Jackson Blvd – Three Units

PIN: 16-14-214-008-0000

Current Configuration: 8 Beds / 5 Baths

Potential Configuration: 10 Beds / 6 Baths

• First Floor: 3 Bed / 2 Bath
• Second Floor: 3 Bed / 2 Bath
• Third Floor: 2 Bed / 1 Bath
• 2025 Taxes: Approximately $5,002.32

Investment Highlights

• Seven apartments across two neighboring properties
• Approximately $640K between the asking price and stabilized value
• Projected rental income of $11,700–$14,250 per month
• Potential to improve the existing layouts, subject to permits and municipal approval
• Neighboring buildings may provide management and renovation efficiencies
• Convenient access to Downtown Chicago, the Illinois Medical District, CTA transportation, bus routes, and I-290
• Suitable for a renovation, stabilization, and long-term hold strategy

Supporting Sales

• 3215 W Fulton Blvd – Sold for $835,000
• 3216 W Polk St – Sold for $749,000
• 703 N Homan Ave – Sold for $650,000
• 3056 W Jackson Blvd – Sold for $477,000
• 3435 W Adams St – Sold for $830,000

Photos

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Important Property Information

• Property is being offered as-is, where-is
• Seller materials report holdover/non-rent-paying occupants and vacant space
• Properties may be subject to municipal violations, legal matters, and other outstanding conditions
• Legal unit count, layouts, occupancy, violations, and renovation feasibility must be independently verified
• Adjacent vacant lots referenced in the offering materials are not included
• Seller will not provide a new survey
• Delinquent taxes, if applicable, will be settled by the seller at closing
• Inspection is for informational purposes only

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Terms

Cash only. Property comes in “AS-IS” condition. Buyer pays all closing costs and escrow fees.

Open escrow with a $5,000 non-refundable earnest deposit by cashier’s check made payable to our title company of choice.

Wholesalers and Realtors: Please add your fee before marketing. The advertised price is net to the seller.

Buyer must verify all information. Seller makes no claims or warranties, expressed or implied. Buyer must perform all due diligence and hold the seller harmless.

The wholesale price is a net-to-seller price. No SPDS, no CLUE report, and an as-is sale. Properties may be owned, controlled through an equitable-title position, assigned, or co-marketed on behalf of an affiliate.

None of the information above is deemed guaranteed and is provided for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, legal use, or financial benefits.