7408 W 58th St

Summit, IL 60501
  • $799,000

    Price

About the Listing 87589 - 885241

An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.

Listing Highlights for 7408 W 58th St

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 12783161
Year Built 1966
Lot/Acreage 43X125
County Cook

Interior Details

  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 43X125
  • Zoning: MULTI
  • Roof: Composition
  • Others:
  • Sewer:
  • Parking Features: 1-5 Spaces

Financial Details

  • Tax Amount: $14,335
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 18132200570000
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

7408 W 58th St Summit, IL 60501

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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