$775,000
●
House -
Off Market
1242 W Jackson Boulevard #2W
Chicago, IL 60607
3 Beds
2 Baths
1,700 Ft²
$5,418
Est. Monthly
$417
HOA / Fees
2.10%
Cap Rate
About This Property
Step into this sun-drenched, second-floor 3-bedroom, 2-bathroom in
an intimate 7-unit elevator building, offering the perfect blend of
space, style, and convenience. Wide-plank hardwood floors flow
throughout, leading to an oversized kitchen with a massive granite
island and stainless steel appliances-ideal for entertaining. Cozy
up by the gas fireplace or step onto your private front deck
overlooking a charming, one-way, tree-lined street. The expansive
primary suite features a huge walk-in closet and plenty of room for
a built-in home office. Located just steps from the best of the
West Loop - Skinner Park & Skinner Elementary, Target, Whole Foods,
Mariano's, Madison Row nightlife, and more, this home offers the
best of city living with a neighborhood feel.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$456
Property Type
House
Property Taxes
$1,195
HOA Dues
$417
Year Built
2001
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Parking Features: Garage Door Opener, Heated Garage, On Site, Attached, Garage, Garage Owned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Elevator
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Flooring Type: Hardwood
Laundry Features: Washer Hookup, In Unit
Rooms: 7
Fireplace Features: Gas Log
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1700
Square Footage Source: $0
Year Built: 2008
Construction Materials: Brick, Concrete
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $14,343
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Snow Removal, Internet, Exterior Maintenance, Scavenger
HOA/Condo/Coop Amenities: Elevator(s), Storage
HOA Fee: $417
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2025
|
3 Bed
|
2 Bath
|
1700 ft²
|
$775,000
3 Bed
2 Bath
1700 ft²
|
-
-
|
Joanne Nemerovski
Compass
| |
|
03/07/2025
|
3 Bed
|
2 Bath
|
1700 ft²
|
$750,000
3 Bed
2 Bath
1700 ft²
|
$740,000
-1.33%
05/16/2025
|
Steven Powers
Century 21 S.G.R., Inc.
| |
|
06/07/2023
|
4 Bed
|
3 Bath
|
2500 ft²
|
$969,900
4 Bed
3 Bath
2500 ft²
|
$835,000
-13.91%
01/12/2024
|
Brian Caron
Dream Town Realty
| |
|
12/01/2020
|
4 Bed
|
3 Bath
|
2500 ft²
|
$1,049,000
4 Bed
3 Bath
2500 ft²
|
-
-
|
-
| |
|
01/12/2022
|
4 Bed
|
4 Bath
|
3400 ft²
|
$1,699,000
4 Bed
4 Bath
3400 ft²
|
$1,550,000
-8.77%
04/15/2022
|
Steven Powers
Century 21 S.G.R., Inc.
| |
|
05/07/2020
|
3 Bed
|
2 Bath
|
1700 ft²
|
$749,900
3 Bed
2 Bath
1700 ft²
|
$740,000
-1.32%
08/24/2020
|
Tim Lorimer
| |
|
04/19/2017
|
4 Bed
|
3 Bath
|
-
|
$925,000
4 Bed
3 Bath
|
$908,500
-1.78%
06/28/2017
|
Keith Wilkey
Berkshire Hathaway HomeServices KoenigRubloff
| |
|
05/06/2008
|
4 Bed
|
3 Bath
|
-
|
$639,900
4 Bed
3 Bath
|
$635,000
-0.77%
11/07/2008
|
James Lynch
Century 21 S.G.R., Inc.
| |
|
11/26/2007
|
3 Bed
|
2 Bath
|
-
|
$535,000
3 Bed
2 Bath
|
$530,000
-0.93%
07/24/2008
|
Lidia Albanese
Century 21 S.G.R., Inc.
| |
|
12/31/2007
|
3 Bed
|
2 Bath
|
-
|
$505,000
3 Bed
2 Bath
|
$495,000
-1.98%
09/03/2008
|
Lidia Albanese
Century 21 S.G.R., Inc.
| |
|
12/31/2007
|
4 Bed
|
3 Bath
|
-
|
$639,900
4 Bed
3 Bath
|
$640,000
+0.02%
09/03/2008
|
James Lynch
Century 21 S.G.R., Inc.
| |
|
12/31/2007
|
3 Bed
|
2 Bath
|
-
|
$539,900
3 Bed
2 Bath
|
$535,000
-0.91%
06/17/2008
|
James Lynch
Century 21 S.G.R., Inc.
|
Building Info
About West Side
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Listed by: Joanne Nemerovski, Compass
Data Source: MRED, MLS# MRD12317968
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD12317968
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