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$ 575,000
Est. payment | /mo
7 Beds
4 Baths
$ 575,000
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12646890
Bedrooms 7
Year Built 1963
Annual Tax Amount $13,333
Tax Year 2023
Lot Dimensions 122.95' x 35.88'
Property Sub-Type Two to Four Units
Property Description
TURNKEY CASH-FLOW MACHINE: INVESTOR OR OWNER-OCCUPANT DREAM IN PRIME SUMMIT! Stop fighting heavy renovation costs and add an immediate, stabilized performer to your portfolio. Units are occupied with steady tenants on active leases generating day-one cash flow. One unit can be delivered VACANT at the end of June. This is a massive advantage: perfect for an owner-occupant looking to "house hack" (live in one, let the others tenant cover the mortgage), or for an investor ready to instantly place a new tenant at top-of-market rent to maximize the Cap Rate. Coin-operated Washer and Dryer for extra income. Solid, low-maintenance brick structure situated in a high-demand rental market. Excellent location with unbeatable access to I-55, public transit, and major employment hubs. The property is being sold strictly "AS-IS." DO NOT DISTURB THE TENANTS to respect their privacy. ONLY PRE-APPROVED BUYERS PER SELLER, THEN SHOWINGS WILL BE SCHEDULED. This is a HOT rental area and rents can easily be pushed higher. Drive by the exterior, run the numbers, and submit your best offer. (Note: Broker Owned - Listing Agent).
Location
State IL
County Cook
Area Summit
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Equipment Water Heater-Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Brick, No
Sewer Other, Public Sewer
Water Lake Michigan, Public
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 104 , 104, 104
Others
Ownership Fee Simple
Special Listing Condition Standard
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Muaz Farooq of Kale Realty
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Mak Jahangiri
Senior Broker | Lic# 475091776