$2,550,000
7201 N Western Avenue
Chicago, IL, 60645
7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago’s West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.
Property Details
Price:
$2,550,000
MLS #:
MRD12210481
Status:
Active
Beds:
0
Baths:
0
Address:
7201 N Western Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – West Ridge
City:
Chicago
Listed Date:
Nov 14, 2024
State:
IL
ZIP:
60645
Year Built:
1928
Schools
Interior
Cooling
Central Individual, Window Unit(s)
Exterior
Roof
Rubber
Financial
Tax Year
2023
Taxes
$19,440
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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