7412 W 63rd Pl

Summit, IL 60501
  • $737,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 28954 - 252949

Introducing a remarkable multi-unit building in the heart of Summit. Offering a lucrative investment opportunity for savvy buyers. This fully leased six-unit property boasts a low vacancy rate, ensuring consistent cash flow and long-term stability. Enjoy immediate returns with all six units fully leased, creating a reliable income stream in a highly sought-after rental market. Experience peace of mind with a proven low vacancy rate, demonstrating strong tenant demand and satisfaction. The property features a robust cap rate, indicative of strong financial performance and an excellent investment potential. Significant renovations have been completed in 2023, including: A brand-new roof enhances the building's structural integrity and aesthetic appeal. Upgraded windows & doors to improve energy efficiency and contribute to tenant comfort. Enhancements to the garage, including new siding, door, and light fixtures, bolster both functionality and curb appeal. With its excellent financial performance, extensive upgrades, and prime location, this six-unit building in Summit, is a fantastic opportunity for investors seeking a well-performing asset with long-term growth potential. Don't miss your chance to capitalize on this exceptional listing!

Listing Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 12603836
Year Built 1961
Total Square Footage 0
Lot/Acreage 50 X 125
County Cook

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Gas,Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $16,820
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 18242010430000
  • Tax Year: 2024

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7412 W 63rd Pl Summit, IL 60501

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Originating MLS: mred

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