Summit, IL 60501,7530 W 63RD Street
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Summit, IL 60501,7530 W 63RD Street
Summit, IL 60501,7530 W 63RD Street
Summit, IL 60501,7530 W 63RD Street
Summit, IL 60501,7530 W 63RD Street

$270,000

Est. payment /mo

$279,000

3.2%
Est.Price: ?

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7530 W 63RD Street Summit, IL 60501

3,594 SqFt

SOLD DATE : 12/04/2023

Key Details

Sold Price $270,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 3,594 sqft

Price per Sqft $75

MLS Listing ID 11739604

Sold Date 12/04/23

Year Built 1914

Annual Tax Amount $7,554

Tax Year 2021

Lot Dimensions 50X117

Property Description

7 UNIT APARTMENT BUILDING IN CONVENIENT SUMMIT LOCATION. 4 ONE BEDROOM UNITS AND 3 STUDIO APARTMENTS. THERE ARE 3 VACANT ONE BEDROOM UNITS (Please see attached rent roll). HEAT AND ELECTRIC INCLUDED IN RENT. BUILDING NEEDS TLC (SIDING WRAP AROUND AND UPDATING OF UNITS), HOWEVER, THERE HAVE BEEN SOME MAJOR IMPROVEMENTS: NEW BOILER (3 YEARS), COMPLETE TEAR OFF ROOF (5 YEARS), ALL 3 WATER HEATERS REPLACED IN THE PAST 4 YEARS & NEWER PARKING LOT IN THE BACK OF THE BUILDING! THERE IS LAUNDRY AND EXTRA STORAG SPACES IN THE BASEMENT. UPDATE THE UNITS TO BRING THE RENTS TO MARKET VALUE AND CREATE A CASH COW! THIS IS AN INVESTORS DREAM! Tours will begin on April 3rd between 2pm and 5pm.

Location

State IL

County Cook

Zoning MULTI

Interior

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Concrete,Wood Frame

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Listed by Tara Mathew • Prime Equities Corp
Bought with Pablo Galarza • RE/MAX Partners

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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