$999,000
6560 S Western Avenue
Chicago, IL, 60636
Exclusive purchasing opportunity for 6560 s Western Chicago, IL. A charming 15 unit mixed use property situated in Marquette Park, a neighborhood on Chicago’s South side.Nestled on a tree lined street this property offers tenants the convenience of quick and easy access to bus lines,restaurants,shopping and more.6560 s Western boast an exceptional unit mix comprised of 8 three bedroom units, 2 two bedroom units, 2 four bedroom units all one bath. 3 commercial Retail storefront units.Beautiful hardwood flooring throughout the residential units.Very well maintained.The true potential lies in the opportunity to increase rental Income, since some rents are below market.By doing so an Investor can attain a remarkable cap rate.This is a rare chance to acquire a well established income generating asset with a strong tenant base and attractive financial prospects. This property offers a solid Investment opportunity.
Property Details
Price:
$999,000
MLS #:
MRD11951451
Status:
Pending
Beds:
0
Baths:
0
Address:
6560 S Western Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Dec 26, 2023
State:
IL
ZIP:
60636
Year Built:
1923
Schools
Interior
Cooling
Central Individual
Exterior
Financial
Buyer Agent Compensation
2% MINUS $400Net Sale Price
Tax Year
2021
Taxes
$27,375
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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6560 S Western Avenue
Chicago, IL
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