$299,900
501-505 W 60 Place
Chicago, IL, 60621
Cash buyer is necessary on this investment. Huge price reduction. Come in an make this the investment of the year. This is a money maker. All units rented. Gross income 82200. Expenses 42541. Final income $39,659. Yes, large cash on cash return. Great opportunity to buy $650,000 investment for $300,000. Five huge 3 bedroom, 2 bath updated condo units with in-unit laundry. 9 units in the association. Association dues are 202/ month. Tenants pay heat and electric. Association has all other expenses. All units have central Air Conditioning. Newer furnaces and AC units. Great condition. Each unit has deeded parking space. There are 6 deeded parking spaces with the units. Plenty of street parking as this is a corner building. 5 minutes to Interstate 94 to downtown. Open spacious land around for future development. Great little money maker. Owner needs to sell fast. He has priced this investment accordingly. Call listing agent for showings.
Property Details
Price:
$299,900
MLS #:
MRD12386860
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Englewood
Listed Date:
Jun 6, 2025
Year Built:
1928
Schools
Interior
Cooling
Central Individual
Exterior
Financial
HOA Includes
Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Maintenance Fee
$5,000
Tax Year
2023
Taxes
$7,066
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 02, 2025
1,070
Commercial Listed
164
Avg DOM
149
Avg $ / SqFt
$1,046,641
Avg List Price
Community
- Address501-505 W 60 Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60621
Subdivisions in Chicago
- 1400 Museum Park
- 212 East
- 30 E Huron
- 5000 East End Building
- 9North Townhomes
- Acme Lofts
- Acorn Lofts
- Ada Street Lofts
- Addison Commons Condos
- Adler Place
- Admirals Pointe
- Ainslie Manor
- Aldine Court
- Ambassador House
- Americana Towers
- Anchor Lofts
- Andersonville
- Aquitania
- Arcadia Terrace
- Archer Lofts
- Armour Square
- Artesian Courts
- Ashland Towers
- Austin Village
- Avenue East
- Back of the Yards
- Bank Note Place
- Barry by the Lake
- Bartletts
- Beach Point Tower
- Beacon Lofts
- Beacon Square
- Bella Como
- Belmont Central
- Belmont Heights
- Belvedere
- Beverly Hills
- Beverly Pointe
- Beverly Woods
- Bicycle Station Lofts
- Big Oaks
- Birchtree Manor
- Birchwood Beach Condos
- Block Y
- Bloomingdales
- Bodine Building
- Bookbinders Row
- Bowmanville
- Brainerd
- Bridgeport Collection
- Bridgeport Village
- Brighton of Lincoln Park
- Bronzeville
- Bryant House
- Bryn Mawr Place
- Buckingham Residences
- Bucktown
- Budlong Woods
- Buena Park
- Burnham Park Plaza
- Camden Court
- Campus Hyde Park
- Canaryville
- Capitol Hill Lofts
- Caravel
- Catalpa Gardens
- Catalpa Terrace
- Chandelier Factory Lofts
- Chandler
- Chatham Club
- Chatham Park Place
- Chess Lofts
- Chicago Place
- Citiview Condos
- City Club
- City Towne Lofts
- Clinton Complex
- Clinton Street Lofts
- Coles
- Columbus on the Park
- Commonwealth
- Commonwealth Plaza
- Concord at City Center
- Constellation
- Cornelia by the Lake
- Cornelia Court
- Cornell Square
- Cornell Village
- Cottage Grove Heights
- Cullerton Station
- Cumberland Crossing
- Dakota Lofts
- Darien Condominium
- Dearborn Park
- Dearborn Park II
- Dearborn Tower
- Dearborn Village
- Delaware Place
- Depaul
- Dickenson House
- Domain Lofts
- Drake Tower
- Dunham Park
- Eaglebrook
- East Pilsen
- East Point Condominiums
- East Ridge Point Condos
- East Village
- Edgebrook
- Edgemoor Park Condos
- Edgewater Beach
- Edgewater Beach Apts
- Edgewater Plaza
- Edison Park Place
- Egandale Townhomes
- El Lago
- Eldson
- Elm at Clark Condos
- Elysees
- Embassy Club
- Emerson Point
- Erie on the Park
- Estes Manor Homes
- Fair Elms
- Fairbanks at Cityfront
- Faulkner House
- Fernwood
- Filmworks Lofts
- Folio Square
- Fordham
- Forest Glen
- Forest Villa
- Franklin Lofts
- Fremont Place Rowhouses
- Fulton Court
- Fulton House
- Fulton Place
- Fulton Station
- Galewood
- Gallery 400
- Gladstone Park
- Glencar Estates
- Glenlake
- Gold Coast Galleria
- Gotham Lofts
- Graceland West
- Grand Ohio
- Grand Orleans
- Grand Plaza
- Granville Beach
- Granville Terrace
- Green Street Lofts
- Gresham
- Hale Lofts
- Hamlin Park
- Hampden Green
- Hampton House
- Hanover House
- Harbor Point
- Harbor Pointe
- Harbor View
- Harper Place
- Hartland Park
- Hawthorne Place
- Heartbreak Lofts
- Heather Oaks
- Hemingway House
- Heritage at Millennium Park
- Hermitage
- Hollywood Towers
- Homan Square
- Humboltd Condos
- Imperial Towers
- Independence Park
- Indian Village
- Indian Woods
- Ingleside Comdominiums
- Irving Park Manor
- Jackson Park Highlands
- Jackson Tower
- James House
- Jazz on the Boulevard
- Jefferson Tower
- Jeffery Manor
- Joffrey Tower
- Karmatage
- Kelvyn Park
- Kilmer House
- Kinetic Lofts
- Kingsbury on the Park
- Kinzie Park
- Kinzie Park Midrise
- Kinzie Park Tower
- Kinzie Station
- Lake Meadows
- Lake Park Plaza
- Lake Point Tower
- Lake Shore Place
- Lake Terrace Condominiums
- Lakeside on the Park
- Lakeview Station
- Lakewood Balmoral
- Lancaster
- Landmark Village
- LaSalle Private Residences
- Lawndale
- Library Tower
- Lincoln Commons
- Lincoln Park Towers
- Little Village
- Lofts on West Hubbard
- Logan Square
- Lowell House
- Lunt Court Condominiums
- Malibu
- Malibu East
- Manors of Leland
- Marina City
- Marina Towers
- Marquee
- Marquette Park
- Marshfield Lofts
- Marynook
- Mayfair
- Mckinley Gardens
- Metropolis
- Metropolis Condominiums
- Metropolitan Place
- Michigan Avenue Towers
- Midway View
- Mies Van Der Rohe
- Monroe Manor
- Montclaire Gardens
- Montgomery
- Moser Lofts
- Museum Park
- Museum Park Lofts
- Museum Park Place
- Museum Park Tower
- Museum Park Tower III
- Museum Park Tower Iv
- New Eastside
- New York Condominiums
- Newberry Plaza
- Newport Condominiums
- North Beach Lofts
- North Damen Square Condos
- North Mayfair
- North Park Village
- Northwest Point
- Northwest Terrace
- Number 10 Lofts
- Oak Club Condos
- Oakfield West
- Odyssey Lofts
- Old Irving
- Old Town
- Old Town Square
- Old Town Village East
- Olympia Centre
- Olympia Lofts
- One Magnificent Mile
- One Museum Park West
- One River Place
- Ontario Place
- Ontario Place Residences
- Ontario Street Lofts
- Opera Lofts
- Orchard Park
- Palmolive Building Landmark
- Paper Place Lofts
- Paramount Lofts
- Parc Chestnut
- Park 1500 Lofts
- Park Alexandria
- Park Astor
- Park Edgewater
- Park Harbor
- Park Manor
- Park Millennium Condos
- Park Newberry
- Park Place
- Park Place Tower
- Park Tower
- Park View East
- Park West Condos
- Parkshore
- Parkshore Cooperative
- Parkview Condominiums
- Pearson on the Park
- Penthouse Lofts
- Pill Hill Valley
- Pilsen
- Plaza 32
- Plaza 440 Private Residences
- Plaza on DeWitt
- Point East Condominiums
- Pope Building Lofts
- Portage Park Condos
- Prairie Avenue Lofts
- Prairie District Homes
- Prairie House
- Prairie Pointe
- Printers Row
- Printers Row Lofts
- Printers Square
- Promenade
- Pueblo Commons
- Quadrangle Condos
- Randolph Place
- Ravenswood
- Regal Lofts
- Regatta
- Renaissance
- Renaissance Place
- Residences at River East
- Residences at Riverbend
- Ridgemoor Estates
- Ridgewood Flats
- Ritchie Tower
- River East
- River North
- River North Commons
- River Place on the Park
- River Plaza
- River Village
- River West Village Lofts
- Riverbend Condominiums
- Rivers Edge
- Riverview East
- Riverview West
- Rogers Park
- Roosevelt Square
- Roscoe Village
- Roscoe Village/Lakeview
- Rosemont Place
- Rosemoor
- Royalton
- Royalton Towers
- Sandburg Village
- Sauganash
- Sauganash Park
- Sauganash Village
- Schorsch Forestview
- Schorsch Village
- Scottsdale
- Sexton Lofts
- Shakespeare Court
- Sheffields
- Sheldon Heights
- Sheridan Park
- Sheridan Point
- Sheridan Shore Courts
- Sheridan Shores
- Shoreline Park
- Shoreline Towers
- Sierra Lofts
- Silver Tower
- Singer Lofts
- Skybridge
- Smith Park Commons
- South Commons
- South Edgebrook
- Southport Corridor
- Southshore
- Springfield Place
- St Johns Park
- St Paul Condos
- Stanford Courts
- State Place Tower
- State Tower
- Statesman
- Sterling
- Stratford Place
- Stratford South Commons
- Streeterville
- Superior 110
- Sutton Place
- The 3500 Club
- The Barry
- The Brewster
- The Bristol
- The Chandler
- The Columbian
- The Coronado
- The Edge
- The Estes North Shore
- The Flats on Monroe
- The George on Washington
- The Grant
- The Legacy at Millennium Park
- The Madison
- The Marquee
- The Montrevelle
- The New York
- The Pinnacle
- The Pointe
- The Residences at 330
- The Sexton
- The Terraces
- The Tower Residences at Prairie District Homes
- The Towers
- The Transportation Building
- The Verde
- The Waterford
- The Wellington
- The Whitney
- Thorndale Beach North
- Three Sixty West
- Tiara
- Tower Lofts
- Trevi Square
- Tri-Taylor
- Tribune Tower Residences
- Trump Tower Chicago
- Ukrainian Village
- Union Lofts
- Union Park Lofts
- Union Square Lofts
- University Commons
- University Park Condos
- University Station
- University Village
- Vanguard Lofts
- Venetian
- Verandas on Harlem
- Vinery Lofts
- Vision on State
- Vista Homes
- Wabash Flats
- Warwick
- Water Tower Residences
- Wells Street Tower
- West Beverly
- West Chesterfield
- West Loop Condominiums
- West Town
- Westgate Lofts
- Westhaven Park
- Westlawn
- Westwalker
- Wheelworks Lofts
- Wicker Park
- Wildwood
- Willow Court
- Willows
- Winchester Condominiums
- Winchester Hood Garden Homes
- Winhood
- Winston Towers
- Wolcott Village
- Wrightwood
LIGHTBOX-IMAGES
NOTIFY-MSG
Similar Listings Nearby
Property Summary
- 501-505 W 60 Place Chicago IL is a Commercial for sale in Chicago, IL, 60621. It is listed for $299,900 To schedule a showing of MLS#mrd12386860 at 501-505 W 60 Place in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
LIGHTBOX-IMAGES
NOTIFY-MSG
501-505 W 60 Place
Chicago, IL
LIGHTBOX-IMAGES
NOTIFY-MSG
