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$ 975,000

Est. payment -/mo

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6029 W 63rd ST Chicago, IL 60638

4,900 SqFt

UPDATED:

10/15/2024 05:06 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $198

MLS Listing ID 12175266

Maintenance Fees $1,175

Year Built 1969

Annual Tax Amount $7,032

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 50X114

Property Description

Well-maintained 6-unit multi-family property, located in Chicago's desirable Clearing neighborhood. The building features a mix of three 2-bedroom/1-bath and three 1-bedroom/1-bath units, occupied by long-term tenants paying under market rates. The property includes five parking spaces behind the building and coin-operated laundry. Situated in Clearing, a quiet and friendly area known for its proximity to Midway Airport, major highways, parks, and schools, this location ensures steady tenant demand. At the asking price and with rents adjusted to market levels, the property will generate over a 7% cap rate without the need for improvements. Offering Memorandum available upon request.

Location

State IL

County Cook

Area Chi - Clearing

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Listed by Matt Laricy • Americorp, Ltd

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