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4301 W 63rd Street Chicago, IL 60629
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Key Details
Sold Price $765,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,812 sqft
Price per Sqft $158
MLS Listing ID 12106663
Sold Date 09/13/24
Year Built 1965
Annual Tax Amount $9,760
Tax Year 2022
Lot Dimensions 6933
Property Description
Solid turn key 8 unit with many recent capital improvements. Strong in place 8% + CAP rate with room to boost NOI even further. Desirable location close to Midway airport and proximity to downtown. All units are 1 bed / 1 ba with solid tenant base. 2 of 8 units are recently updated with new floors and kitchens. Other units are in good condition but with mostly original finishes. Updates in 2023 include New boiler, 100% of windows, plumbing work, masonry work, and much more! 6 space parking pad available for tenant use FCFS as well as space in the basement to add laundry and storage for additional income.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Scanlon • eXp Realty, LLC
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