6050 N Washtenaw Avenue Chicago, IL 60659
$900,000
Active / MLS# 12702214 / Multi Unit - Multiple / Chicago
0
Beds
Unique opportunity to own a five-unit multifamily building at 6050 N. Washtenaw in the desirable West Ridge neighborhood. This income-producing property features three spacious 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Recent capital improvements include a newer roof and newer tuckpointing, offering added value and peace of mind. Tenants pay their own gas and electric, helping to minimize owner expenses. The property also includes a 2-car garage, an additional parking pad, and ample storage throughout the building. Until the two 1-bedroom tenants moved out, it was generating approximately $7,050 in monthly rental income, with an annual gross income of $84,600, this is an outstanding opportunity for investors looking to add a solid, well-maintained asset to their portfolio.
Baird & Warner Barbara O'Connor 773.491.5631 Email
Property Details
Property Type: Multi Unit - Multiple
Lot Size: 33 X 125
Stories: 2.0
Taxes: $12,859
Year Built: 1965
Feature Descriptions
Current Use: Multi-Family
Electric: Service - 201 to 600 Amps
Exterior: Brick, Block
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Steam
Lot Dimensions: 33 X 125
Miscellaneous Indoor: Storage Inside, Laundry Room
Parcel#: 13012250240000
Tenant Pays: Electricity
Units: 5
Location
See details and scored characteristics about this location.
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