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$ 650,000
Est. payment | /mo
15,000 SqFt
$ 650,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $43
MLS Listing ID 12205364
Year Built 1926
Annual Tax Amount $31,228
Tax Year 2022
Lot Dimensions 50X110
Property 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!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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Listed by Waldemar Komendzinski • Landmark Realtors