09/04/2026
A fully occupied Chicago 3-flat is compelling on its own. An assumable FHA mortgage at 3.85% makes this one especially worth a closer look š
This approximately 4,500-square-foot brick multi-unit is already producing rental income across three residences, with all leases currently month-to-month. Current rents include $1,783/month for Unit 1, $1,700/month for Unit 2 and $1,783/month for Unit 3, plus $125/month in garage income.
Each residence offers separate utilities and in-unit laundry, while a 2.5-car garage and full basement add even more value. The property has also seen recent exterior improvements, including masonry tuckpointing and a roof coating.
For an investor looking at both the property and the cost of capital, the opportunity to assume an existing FHA loan at 3.85% is the feature that really sets this one apart.
š 4520 W Jackson Blvd | West Garfield Park, Chicago
DM me for financials, assumable loan details or a private showing.