$1,200,000
5449-51 W Quincy Street
Chicago, IL, 60644
This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city’s robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property’s solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago’s dynamic multi-family market.
Property Details
Price:
$1,200,000
MLS #:
MRD12390154
Status:
Active
Beds:
0
Baths:
0
Address:
5449-51 W Quincy Street
Type:
Commercial
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
Jun 11, 2025
State:
IL
Finished Sq Ft:
10,800
Total Sq Ft:
10,800
ZIP:
60644
Year Built:
1925
Schools
Interior
Exterior
Construction Materials
Brick
Financial
Maintenance Fee
$5,000
Tax Year
2023
Taxes
$12,879
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5449-51 W Quincy Street
Chicago, IL
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