Chicago, IL 60636 6228 S WESTERN Avenue

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Presented By: Landmark Realtors
  • MLS# 12205364
  • 11/06/2024
  • Request Tour
  • Request Info
  • SQFT • 15,000

Home Details

**Investment Opportunity: Prime Multi-Unit Building on Western Avenue** Presenting an exceptional investment opportunity at **6228 S Western Ave**. This solid brick building offers 16 spacious studio units, each featuring separate kitchens, full-sized bathrooms, and hardwood floors-ensuring desirable living spaces with long-term rental appeal. The property also boasts **two expansive commercial units**, providing unlimited potential for a variety of business uses or further development. Situated in a rapidly growing area with high visibility and foot traffic, this property benefits from its prime location on **Western Avenue**, one of Chicago's most sought-after streets. The building is easily accessible by public transportation, making it an ideal location for both residential tenants and commercial enterprises. Once fully leased, this property is a **cash cow**, with strong income potential from both the residential and commercial sides. With a stable foundation and a strategic location, 6228 S Western Ave offers investors a rare opportunity to secure a solid, income-generating asset in a thriving area. **Key Features:** - 16 large studio units with hardwood floors, separate kitchens, and full-sized bathrooms - Two expansive commercial units with endless potential - Solid brick construction for long-term durability - Prime location on busy Western Avenue with excellent access to public transportation - Growing neighborhood with increasing demand for both residential and commercial spaces - Strong cash flow potential once fully leased Don't miss out on this incredible investment opportunity-contact us today to learn more!
Presented By: Landmark Realtors

Interior Features for 6228 S WESTERN Avenue

Other Interior Features

BasementUnfinished

General for 6228 S WESTERN Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Directionsnorth of 63rd St, on Western Ave, property is on the west side of the street
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet5500
MLS AreaCHI - Chicago Lawn
MaintenanceExpense
Net Operating Income
Number Of Units Total16
Operating Expense0
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount31228
Tax Year2022
Tenant PaysElectricity
TownshipHyde Park
Trash Expense0
Water Sewer Expense0
Year Built1926
ZoningMULTI

Exterior for 6228 S WESTERN Avenue

Building Area Total15000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions50X110

Additional Details

Price History

Client Care

Price $575,000
MLS#12205364
List Date 11/06/2024
Property Type Multi-Family
Phone 847.485.2500
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