Chicago, IL 60643 10640 S Walden Parkway
$585,500



3 more



Presented By: McHugh Development & Construction INC
Home Details
Well maintained Beverly 4-unit building is just steps from the Metra train station and walking distance of restaurants and shops on Western Avenue. This fully occupied building features (4) 1Bed/1 Bath units, all of which have updates. The units are currently leased at below-market rates to long-term tenants, making this property a stable cash flow investment that will provide long-term financial security for the new owner. Recent updates include a new roof (2014), tuckpointing (2022), new coin-operated laundry (2025), and four new furnaces (2022/2024). Each unit is equipped with individual central heat/ac, and water heater. Tenants are responsible for their own electric and gas. Note that there are four street parking spaces directly in front of the building, which are used by the tenants without any issues.
Presented By: McHugh Development & Construction INC
Interior Features for 10640 S Walden Parkway
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementUnfinished, Storage Space, Full
Total Number of Units4
General for 10640 S Walden Parkway
CityChicago
Community FeaturesPark, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsWestern to 107th. East to to Walden. North to property.
Electric Expense500
Elementary School District299
Fuel Expense1500
Gross Income32400
HeatingNatural Gas
High School District299
Insurance Expense3250
MLS AreaCHI - Beverly
Middle/Junior School District299
ModificationTimestamp2025-09-15T22:44:01.939Z
Net Operating Income15770
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount7080
Tax Year2023
Total Rooms16
TownshipLake
Water Sewer Expense1800
Year Built1956
ZoningMULTI
Exterior for 10640 S Walden Parkway
Foundation DetailsBlock, Concrete Perimeter
Lot Dimensions124x45
Other EquipmentCO Detectors, Sump Pump, Multiple Water Heaters
Total Parking0
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

SQFT • 2,800