Chicago, IL 60636,6560 S Western AVE
Chicago, IL 60636,6560 S Western AVE
Chicago, IL 60636,6560 S Western AVE
Chicago, IL 60636,6560 S Western AVE
Chicago, IL 60636,6560 S Western AVE
Chicago, IL 60636,6560 S Western AVE
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$940,000

$999,000

5.9%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/02/2024

Key Details

Sold Price $940,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11951451

Sold Date 05/02/24

Maintenance Fees $801

Year Built 1923

Annual Tax Amount $27,375

Tax Year 2021

Lot Dimensions 73' X 108'

Property Sub-Type Multi Family 5+

Property Description

Exclusive purchasing opportunity for 6560 s Western Chicago, IL. A charming 15 unit mixed use property situated in Marquette Park, a neighborhood on Chicago's South side.Nestled on a tree lined street this property offers tenants the convenience of quick and easy access to bus lines,restaurants,shopping and more.6560 s Western boast an exceptional unit mix comprised of 8 three bedroom units, 2 two bedroom units, 2 four bedroom units all one bath. 3 commercial Retail storefront units.Beautiful hardwood flooring throughout the residential units.Very well maintained.The true potential lies in the opportunity to increase rental Income, since some rents are below market.By doing so an Investor can attain a remarkable cap rate.This is a rare chance to acquire a well established income generating asset with a strong tenant base and attractive financial prospects. This property offers a solid Investment opportunity.

Location

State IL

County Cook

Area Chi - Chicago Lawn

Interior

Cooling Central Individual

Fireplace N

Building

Level or Stories 3

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Midwest Real Estate Data (MRED) IDX
Listed by Tameka McClellon • Blue Door Dave Inc
Bought with Sandra Ardon • Su Familia Real Estate Inc
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1941 N Elston Ave, Chicago, IL, 60642, USA

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