Chicago, IL 60638,6029 W 63rd Street
Chicago, IL 60638,6029 W 63rd Street
Chicago, IL 60638,6029 W 63rd Street
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$975,000
Est. payment /mo
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4,900 SqFt
Active

6029 W 63rd Street Chicago, IL 60638

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UPDATED:

12/10/2024 04:24 PM

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $198

MLS Listing ID 12175266

Year Built 1969

Annual Tax Amount $7,032

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 50X114

Property Description

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.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

View Y/N true

Building

Structure Type Brick


Listed by Matt Laricy • Americorp, Ltd

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Joanna Stawarz

Real Estate Broker | License ID: 475184483

+1(773) 510-6834

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6029 W 63rd Street