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6029 W 63rd Street, Chicago, IL 60638
6029 W 63rd Street, Chicago, IL 60638
  • $975,000

Overview

Property ID: 12175266
  • Commercial Sale
  • Property Type
  • 4900
  • 1969
  • Year Built

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.

  • Address 6029 W 63rd Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60638
  • Area CHI - Clearing

Details

Updated on December 10, 2024 at 4:24 pm
  • Property ID: 12175266
  • Price: $975,000
  • Property Size: 4900
  • Land Area: 0.07 Acres
  • Garage Size: x x
  • Year Built: 1969
  • Property Type: Commercial Sale
  • Property Status: Active

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