Active
1502 W Jackson Boulevard
Chicago IL, 60607
$1,999,000
Active
Commercial
Built in 1885
Courtesy of Berkshire Hathaway HomeServices Chicago
Eligible for the Illinois Historic Preservation Tax Credit Program, this handsome assemblage located in the Jackson Boulevard Historic District is rich with history and unlimited potential. This property offers a unique opportunity for residential redevelopment or income-producing units, making it a remarkable investment opportunity. The properties at 1500-1502 Jackson Boulevard, have been divided into eight income-producing apartments. Each unit has been thoughtfully designed to optimize functionality while preserving the historical character of the building. With a mix of one and two-bedroom units, this property presents an exceptional opportunity for rental income. The demand for housing in this area is consistently high due to its proximity to renowned institutions such as the University of Illinois at Chicago, Rush Hospital, Skinner Park, and the United Center. The adjacent property at 1504 W. Jackson is currently listed as a single-family townhome. Built in 1890, this historic gem reflects the architectural charm of its era, boasting intricate details and timeless elegance. Beyond its potential as an income-producing property, this distinguished property holds significant historical value within the Jackson Boulevard historic district. The possibilities are endless for those seeking a distinctive investment or a place to call home. This property is primed to become a showcase of modern living while paying homage to its remarkable past.
11912719
MLSⓇ ID
October 25, 2023
Listed
March 28, 2024
Updated
Map
1502 W Jackson Boulevard
Chicago IL, 60607
Interior Features
Total Stories
3
Fireplace
Yes
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
No
Exterior/Building Features
Other Property Details
Area Name
CHI - Near West Side
Taxes
$19,300
Tax Frequency
Annually
Days on Market
88
Garage
No
View
No
County
Cook
Municipality
West Chicago
Pool
No
Zoning
MULTI
Buyer Agency Compensation
2.5%-$495
Courtesy of Berkshire Hathaway HomeServices Chicago, Keith Goad,
Listing Contact: 312-944-8900
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Dawn McKenna Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:35 AM UTC, 3/28/2024
