Chicago, IL 60644 5449-51 W Quincy Street
$1,200,000



4 more





Presented By: Geary's Realty LLC
Home Details
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.
Presented By: Geary's Realty LLC
General for 5449-51 W Quincy Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsStart at I-290 and Cicero Ave, head north on Cicero Ave. Drive 0.3 miles, turn left onto W Quincy St. Drive 0.2 miles, arrive at 5449-51 W Quincy St on your right.
Electric Expense4200
Fuel Expense13000
Gross Income184800
Insurance Expense12000
MLS AreaCHI - Austin
MaintenanceExpense5000
ModificationTimestamp2025-06-17T05:07:22.674Z
Net Operating Income108516
Number Of Units Total12
Operating Expense76284
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount12878.84
Tax Year2023
Trash Expense3500
Water Sewer Expense6500
Year Built1925
Exterior for 5449-51 W Quincy Street
Building Area Total10800
Lot Dimensions55X125
Additional Details
Price History
