$1,200,000

5449-51 W Quincy Street, Chicago, IL 60644

  • 10,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $111/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city's robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property's solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago's dynamic multi-family market.

Listing Status:
Active
Listing Office:
Geary's Realty LLC : 847-722-5515
Listing Agent:
David Geary : 847-722-5515
MLS ID:
12390154
  • Originating MLS: mred
  • County: Cook

This listing courtesy of David Geary, Geary's Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

DePriest Elementary School

139 S Parkside Ave, Chicago, IL, 60644

Grades KG-8

0.27 miles away

D

DePriest Elementary School

139 S Parkside Ave, Chicago, IL, 60644

Grades KG-8

0.27 miles away

C

Clark Academy Preparatory Magnet High School

5101 W Harrison St, Chicago, IL, 60644

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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