7412 W 63rd PL, Summit, IL 60501
7412 W 63rd PL, Summit, IL 60501
7412 W 63rd PL, Summit, IL 60501
49
Listed by Miriam Devriesof Century 21 New Beginnings
Bought with Katerina Pavlova of Pavlova Properties
-
-
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7412 W 63rd PL Summit, IL 60501

Est. payment /mo

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

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

Key Details

Sold Price -

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12603836

Sold Date -

Year Built 1961

Annual Tax Amount $16,820

Tax Year 2024

Lot Dimensions 50 X 125

Property Sub-Type Multi Family 5+

Property Description

Introducing a remarkable multi-unit building in the heart of Summit. Offering a lucrative investment opportunity for savvy buyers. This fully leased six-unit property boasts a low vacancy rate, ensuring consistent cash flow and long-term stability. Enjoy immediate returns with all six units fully leased, creating a reliable income stream in a highly sought-after rental market. Experience peace of mind with a proven low vacancy rate, demonstrating strong tenant demand and satisfaction. The property features a robust cap rate, indicative of strong financial performance and an excellent investment potential. Significant renovations have been completed in 2023, including: A brand-new roof enhances the building's structural integrity and aesthetic appeal. Upgraded windows & doors to improve energy efficiency and contribute to tenant comfort. Enhancements to the garage, including new siding, door, and light fixtures, bolster both functionality and curb appeal. With its excellent financial performance, extensive upgrades, and prime location, this six-unit building in Summit, is a fantastic opportunity for investors seeking a well-performing asset with long-term growth potential. Don't miss your chance to capitalize on this exceptional listing!

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

Read Less


Midwest Real Estate Data (MRED) VOW
Nearby Locations

GET MORE INFORMATION

Private Client Support

Private Client Support

+1(847) 234-9600

Name
Phone*
Message

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property