3901 W Jackson Blvd
- Unit mix consists of ten (10) 2-bedroom units and three (3) 3-bedroom units
- Value-add upside through management and leasing improvements
- Below-market rents offer strong upside for future rental growth
- On-site laundry
- Located in a growing West Side corridor with ongoing neighborhood investment
Property Description
Essex Realty Group, LLC has been exclusively engaged to market for sale a 13-unit multifamily property located at 3901 W. Jackson Blvd. in Chicago’s West Garfield Park neighborhood. The well-maintained walk-up building consists of ten (10) spacious two-bedroom units and three (3) three-bedroom units, along with on-site laundry for additional tenant convenience and supplemental income potential. The property presents a clear value-add opportunity through improved management, leasing efficiencies, and future rental growth. With below-market rents and operational upside, investors have the ability to increase revenue and enhance overall asset performance. Strategically positioned within a growing West Side corridor, the property benefits from strong rental demand, convenient access to public transportation and neighborhood amenities, and continued investment throughout the surrounding area. The combination of stable in-place income, a desirable unit mix, and long-term upside makes 3901 W. Jackson Blvd. a compelling multifamily investment opportunity in Chicago.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,125,000 |
| No. of Units: | 13 |
| Year Built: | 1921 |
| Lot Size: | 0.14 Acres |
| Opportunity Zone: | No |
| Price per unit: | $86,538 |
| Property Website | Click Here |
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