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Rehabbed 6-Unit Multifamily Investment
For Sale
$565,000

4142 W Jackson Boulevard, Chicago, IL 60624

Fully renovated 6-unit building with strong rental history and cashflow.

Property SizeContact for details
Days on Market486

Property Features for 4142 W Jackson Boulevard

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,808

Building Details

Year Built 1923
Listing Agency: OPTIMUS REALTY INC
Listed By: SEBASTIAN HILA
Source: Corcoran
Added: May 12, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OPTIMUS REALTY INC

Investment Insights

Based on property information with market context.

This is a fully rehabbed brick 6-unit building located in a high-demand area. The recently renovated property features hardwood floors, gas forced-air heat, and separate utilities. The unit mix includes three 3-bedroom/1-bathroom units and three 2-bedroom/1-bathroom units. The property has a strong rental history and consistent cash flow. Professional management is in place and available to continue with the new owner, making it an ideal turnkey investment with long-term upside.

Key Highlights

  • Fully rehabbed 6‑unit brick building in a high‑demand area.
  • Strong rental history and consistent cash flow.
  • Turnkey investment with professional management in place.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated 6-unit building with strong rental history and cashflow.
Where is this apartment building located?
The property is located at 4142 W Jackson Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Fully rehabbed 6‑unit brick building in a high‑demand area.; Strong rental history and consistent cash flow.; Turnkey investment with professional management in place.
More about this property
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