3100 W Douglas Boulevard Chicago IL 60623 MLS #MRD12447225

3100 W Douglas Boulevard
Chicago, IL, 60623
$1,550,000
10 Beds
4 Baths
0 SqFt
0 Acres
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Price Improvement, 7.4 Cap Rate Positioned for 9.3 Cap Rate based on normalizing rents within the building. Value Add opportunity – Garden Level not currently utilized, value add potential for additional units storage, coin laundry, residential/commercial units. 3 oversized 1,800 SqFt apartments could potentially sub divided into 6 units for a total of 18 units. The 2024 Property Taxes have been reduce to 16,916, payable in 2025. Lender financing is available.

Property Details

Price:
$1,550,000
MLS #:
MRD12447225
Status:
Active Under Contract
Beds:
10
Baths:
4
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Aug 15, 2025
Total Sq Ft:
17,658
Year Built:
1913
Chi – North LawndaleChinorthlawndale

Schools

Interior

Exterior

Construction Materials
Brick
Roof
Membrane, Reflective Coating

Financial

Maintenance Fee
$10,556
Net Operating Income
$114,848
Tax Year
2023
Taxes
$28,801

Listing Agent & Office

Wendy Pusczan
Keller Williams Infinity

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disclosure
Courtesy of Keller Williams Infinity. Disclaimer: All data relating to real estate for sale on this page comes from Midwest Real Estate Data (MRED). Detailed information about real estate listings held by brokerage firms other than Century 21 Circle include the name of the listing broker. Neither the listing company nor Century 21 Circle shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
Rover IDX
3100 W Douglas Boulevard
Chicago, IL