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Listed by John Manganof Northside Properties, LLC
$ 849,900
Est. payment | /mo
5,880 SqFt
$ 849,900
Est. payment | /mo
5,880 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,880 sqft
Price per Sqft $144
MLS Listing ID 12435028
Year Built 1969
Annual Tax Amount $16,260
Tax Year 2023
Lot Dimensions 60 X 116
Property Sub-Type Multi Family 5+
Property Description
This well-maintained and updated all-brick six-unit building features four two-bedroom units and two one-bedroom units. Modern mechanicals include a newer boiler and water heater installed in 2025. The property offers six exterior parking spaces and a heated brick two-car garage. Each unit is equipped with all necessary appliances and one wall air conditioner. The laundry room includes coin-operated machines and individual storage spaces. Additionally, there are seven individual electric meters. The excellent Oak Lawn location is near public transportation, Marino's, Starbucks, and other shopping and dining options. With long-term tenants, the current rents are below market value, presenting a great opportunity to increase rental income. This property is on the market for the first time in over 25 years.
Location
State IL
County Cook
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick

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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States