Commercial: Multi Family 5+ - MLS# 12601862
Tools & Resources:
Description
Value-Add Investment Opportunity: Solid 6-unit brick building comprised of (6) 2-bedroom, 1-bath units. Each unit offers a functional layout with separate living and dining areas, along with kitchens that include pantry space. The property presents a strong opportunity for a new owner to implement updates and add value over time, with the ability to increase rental income. Ideal for investors seeking to stabilize and grow the asset. Additional features include a 3-car detached garage. Located just south of the South Shore area, with easy access to South Shore Drive, Lake Michigan, major highways, and public transportation in multiple directions. Excellent opportunity to build equity and long-term cash flow. AS-IS
Features
- Property Type: Commercial
- Sub Type: Multi Family 5+
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60617
- Year Built: 1925
- Stories: 3
- Units: 6 units
- Basement: Unfinished
- Zoning: MULTI
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Directions: 79TH STREET EAST OF MUSKEGON NORTH TO BUILDING
- Expense Year: 2025
- Heat/Ventilation: Radiators
- Information: 24-Hr Notice Required
- Main Type: Commercial Sale
- Roof Structure: Flat
- Tax Annual Amount: 5880.5
- Tax Year: 2024
- Tenant Pays: Electricity
- Total Annual Expense Source: Owner Projection
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