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    3526 W Jackson Blvd Chicago, IL 60624

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    For Sale
    $250,000

    East Garfield 5-unit Greystone awaiting full renovation near parks and transit.

    Building Details

    Year built
    1914

    Source: BAIRD & WARNER Agent PATRICIA MCGOWAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Greystone Multifamily Renovation Opportunity

    This historic 5-unit Greystone in East Garfield presents a renovation opportunity for experienced contractors and investors. The property features a 4-bedroom owner's unit with original architectural details, including leaded and art glass windows, carved woodwork, large rooms with ornate columns, and built-in cabinetry in the dining room. A full-scale renovation is required to restore the property. The Greystone is located near parks, public schools, and transportation, providing urban access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distressed commercial real ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7145822
    Latitude
    41.8775383

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    FAQs

    What type of property is this?
    Apartment building - East Garfield 5-unit Greystone awaiting full renovation near parks and transit.
    Where is this apartment building located?
    The property is located at 3526 W Jackson Blvd Chicago, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Historic 5-unit Greystone with significant renovation potential.; - Expansive 4-bedroom owner's unit.; - Striking original features: leaded/art glass windows, carved woodwork, ornate columns, built-in cabinetry.
    Request Owner's contact information
    3526 W Jackson Blvd Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3526 W Jackson Blvd Chicago, IL 60624
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