7408 W 58th Street Summit, IL 60501
$799,000
New / MLS# 12750215 / Multi Unit - Multiple / Summit
0
Beds
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.
Baird & Warner Dan Ortiz 630.439.5569 Email
Property Details
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.12 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $14,335
Year Built: 1966
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers, Separate Meters
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
HVAC: Baseboard
Lot Dimensions: 43X125
Parcel#: 18132200570000
Parking: 1-5 Spaces
Tenant Pays: Electricity
Units: 6
Location
See details and scored characteristics about this location.
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