Chicago, IL 60656 8622 W Summerdale Avenue
$975,000



20 more




















Presented By: @properties Christie's International Real Estate
Home Details
FULLY OCCUPIED ALL BRICK 6 UNIT BUILDING LOCATED IN THE O'HARE-CHICAGO SUBMARKET. UNIT 1-N IS A 3 BED 1.1 BATH AND THE TENANT IS M-T-M. UNIT 1-S IS A 1 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 2-N IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 2-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 3-N IS A 2 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 3-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. TENANTS PAY ELECTRIC. CURRENT INCOME IS $7300 PER MONTH / $87,600 PER YEAR. THE 2024 EXPENSES WERE; GAS $3575.24, WATER $3051.04, COMMON AREA ELECTRIC $530.18, GARBAGE $2435.41 AND THE 2025 BUILDING INSURANCE IS $3887.53 THERE ARE 6 A/C UNITS INCLUDED. ROOF WAS REPLACE IS 2016. SELLER DOES NOT HAVE THE AGES OF THE MECHANICALS OR WINDOWS. MECHANICALS ARE MAINTAINED ANNUALLY.
Presented By: @properties Christie's International Real Estate
Interior Features for 8622 W Summerdale Avenue
Other Interior Features
BasementPartially Finished, Bath/Stubbed, Storage Space
General for 8622 W Summerdale Avenue
Additional Parcels Y/NNo
Cap Rate6
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsEAST RIVER ROAD 2 BLOCKS NORTH OF FOSTER TO SUMMERDALE....EAST ON SUMMERDALE TO 8622 W. SUMMERDALE AVE.
ElectricCircuit Breakers
Electric Expense530
Fuel Expense3575
Gross Income87600
Insurance Expense3888
Lot Size Square Feet5900
MLS AreaCHI - O'Hare
MaintenanceExpense
ModificationTimestamp2025-10-02T23:01:02.629Z
Net Operating Income58085
Number Of Units Total6
Operating Expense29515
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount16035.27
Tax Year2023
Tenant PaysAir Conditioning, Electricity
TownshipJefferson
Trash Expense2436
Water Sewer Expense3051
Year Built1974
ZoningMULTI
Exterior for 8622 W Summerdale Avenue
Building Area Total6300
BuyerOfficeFax(773) 465-4124
Foundation DetailsConcrete Perimeter
Lot Dimensions44 X 132
Additional Details
Price History

SQFT • 6,300