$975,000
6029 W 63rd Street
Chicago, IL, 60638
Well-maintained 6-unit multi-family property, located in Chicago’s desirable Clearing neighborhood. The building features a mix of three 2-bedroom/1-bath and three 1-bedroom/1-bath units, occupied by long-term tenants paying under market rates. The property includes five parking spaces behind the building and coin-operated laundry. Situated in Clearing, a quiet and friendly area known for its proximity to Midway Airport, major highways, parks, and schools, this location ensures steady tenant demand. At the asking price and with rents adjusted to market levels, the property will generate over a 7% cap rate without the need for improvements. Offering Memorandum available upon request.
Property Details
Price:
$975,000
MLS #:
MRD12175266
Status:
Active
Beds:
0
Baths:
0
Address:
6029 W 63rd Street
Type:
Commercial
Neighborhood:
CHI – Clearing
City:
Chicago
Listed Date:
Oct 9, 2024
State:
IL
Finished Sq Ft:
4,900
Total Sq Ft:
4,900
ZIP:
60638
Lot Size:
5,700 sqft / 0.07 acres (approx)
Year Built:
1969
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$7,033
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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