6235 N Mozart Street
Chicago, IL 60659

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Description

This is a GREAT opportunity to acquire a LEGAL 5-UNIT property composed of three 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units. Currently producing around $73,000 per year in gross income, this building offers significant upside potential as rents remain well below market levels. Located in a stable residential enclave with convenient access to retail corridors, public transit, and local parks, it appeals to both long-term residents and investors seeking strong fundamentals. The structure features solid brick construction and zoning that allows for versatile residential use. Its close proximity to major roads enhances tenant accessibility while supporting future value growth. This property is offered as is.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60659
• Year Built: 1967
• Stories: 3
• Units: 5 units
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Directions: Exit I-90 at Austin, go north. Right on Granville, left Mozart
• Gross Income: 76200
• Gross Rent Multiplier: 13.6
• Gross Scheduled Income: 73200
• Heat/Ventilation: Baseboard
• Information: 24-Hr Notice Required
• Main Type: Commercial Sale
• Tax Annual Amount: 11062.66
• Tax Year: 2023
• Total Monthly Income: 6100
• Township: Jefferson
• Type Multi-Family: Flats