2452 W 59th ST, Chicago, IL 60629
2452 W 59th ST, Chicago, IL 60629
2452 W 59th ST, Chicago, IL 60629
2452 W 59th ST, Chicago, IL 60629
2452 W 59th ST, Chicago, IL 60629
2452 W 59th ST, Chicago, IL 60629
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$ 799,000
Est. payment | /mo
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12769591

Year Built 1968

Annual Tax Amount $13,976

Tax Year 2025

Lot Dimensions 125x58

Property Sub-Type Multi Family 5+

Property Description

Spectacular corner-lot building offers excellent investment potential with a desirable mix of eight - 2 bedroom, 1 bath units and one - 1 bedroom, 1 bath unit. This property features 5 dedicated parking spaces plus additional street parking. Current rents are below market due to long-term tenants and the owner's decision to maintain rents without significant increase. Additional income potential includes washer and dryer hook-up in the boiler room, as well as 9 available storage lockers. Roof is 20 years old. With its corner-lot location, multiple income streams, and potential to improve income, this property presents an attractive opportunity for an investor looking to maximize the building's income potential.

Location

State IL

County Cook

Area Chi - Gage Park

Zoning COMMR

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Patrick Zomparelli of  Baird & Warner 

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2452 W 59th ST