$940,000
$999,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Sandra Ardon • Su Familia Real Estate Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "