3948 W Congress Parkway Chicago, IL ^$ 624,999

3948 W Congress Parkway

^$ 624,999

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3948 W Congress Parkway

Chicago, IL, 60624

^$ 624,999

Bedrooms7 Baths0.0 Sq 5,165

Monthly Estimate*

^$ 4,154

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Multi-Family Home for sale in Chicago, IL

for $624,999 with 7 bedrooms. This 5,165 square foot home was built in 1917 on a lot size of 0.07.

Thriving cash flow at this investor's dream in Garfield Park! Exceptionally large 5-unit, all brick building includes 5 updated apartments, with newer kitchens, bathrooms, windows, plumbing, and electrical. Each unit is supplied with appliances, W/D, water heater, and furnace. There are two 4-Bed/2-bath apartments, showcasing vintage fireplace charm, a sunroom with an open southern view, and additional living space/closets throughout. Two apartments (1-bed/1-bath, 2-bed/1.5-bath) share the 3rd floor and were also recently updated, with newer utilities, appliances, and washer/dryer. The legal garden unit (1 bed/1 bath) off the front entranceway was rehabbed as well and is a solid income earner. All-brick two-car garage in back. Sold AS-IS. Great location for long/short term tenants-Steps from the Pulaski Blue-line, 290, and Garfield Park.

Multi-Family Contingent

Price

^$ 624,999

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,682

Style

Multi-Family

Lot Size

0.07

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12019308

Features

General

Cooling Window Unit(s)

Possession Closing Tenant's Rights

Zoning MULTI

Construction Materials Brick

Year Built 1917

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories 3

Township West Chicago

Tax Year 2022

Current Use Multi-Family

Gross Income 93000

County Cook

Net Operating Income 75080

Operating Expense 17920

Insurance Expense 6120

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions Take Expressway I-290 East or West to Independence Blvd. (26A) Exit. West on Congress Pkwy to property just east of Pulaski.

City Chicago

NumberOfUnitsTotal 5

MLS Area CHI - West Garfield Park

Street Name Congress

Tax Annual Amount 2682.7

Electric Expense 600

Fuel Expense 1200

Trash Expense 1800

Water Sewer Expense 2400

Additional Parcels Y/N N

Days on Market 50

Standard Status Active Under Contract

Exterior

Building Area Total 5165

Lot Dimensions 25X125

Lot Size Acres 0.07

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Parkway

Basement Partially Finished

* Excluded Features

List By

@Properties Christie's International Real Estate

Broker

rwall@atproperties.com

Affordability Calculator

$4,377

Per Month

Monthly Principal & Interest: $4,154
Monthly Property Taxes: $224
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$643,615

Percent of Sale Price 3%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$624,999	-3.85%	Price Down
4/17/2024	$650,000	-3.70%	Price Down
4/11/2024	$675,000		Listed Price

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3948 W Congress Parkway, Chicago, IL, 60624 is a Multi-Family Home for sale at $624,999 with 5,165 sqft and a lot size of 0.07. 3948 W Congress Parkway has 7 bedrooms, 0.0 baths, and was built in 1917. The property's zip code is 60624 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/5/2024.

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3948 W Congress Parkway

Multi-Family Home for sale in Chicago, IL

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