Price Reduced Listing
$599,000
( $39.93Per Sq Foot )
 $3,216 est/mo Sourced by Back At You

6228 S Western Avenue , Chicago, IL 60636

Chicago, IL 60636

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Description

**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!

Details

MLS#12205364
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1926
Days On Site100
Listing Provided ByLandmark Realtors | Waldemar Komendzinski

Features

SQ Feet15,000
Story(s)3
Units16
ZoningMULTI

Market Activity 60636

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Listings Checked: 1 hour ago
StateIL
CountyCook
CityChicago
Zip Code60636
AreaCHI Chicago Lawn
Listing VS Median (in 60636)
Price:
$599,000
low | high
Med:
$200,000
100% of Average
SqFt:
15,000
low | high
Med:
704
100% of Average
$ / SqFt:
$40
low | high
Med:
$284
100% of Average
On Site:
100
low | high
Med:
32.000000
100% of Average
Sourced by Back At You
Listing Updated: February 14, 2025 at 7:41:41 PM PST