Properties

Features
: Window Unit(s)
Address Map
US
IL
Cook
Summit
60501
63rd
7412
Place
W88° 11' 37.8''
N41° 46' 34.6''
63rd Street to 74th Avenue South to 63rd Place West to Address
Summit
Summit
W
W
MULTI
Additional Information
: Brick
: Multi-Family
50 X 125
6
6
2
Century 21 New Beginnings
Miriam Devries
Financial
16820
Listing Information
252949
28954
MRED
Listing Information
Contingent
2026-04-22T23:19:02Z
2026-04-22T23:18:03Z
Property Description

Introducing a remarkable multi-unit building in the heart of Summit. Offering a lucrative investment opportunity for savvy buyers. This fully leased six-unit property boasts a low vacancy rate, ensuring consistent cash flow and long-term stability. Enjoy immediate returns with all six units fully leased, creating a reliable income stream in a highly sought-after rental market. Experience peace of mind with a proven low vacancy rate, demonstrating strong tenant demand and satisfaction. The property features a robust cap rate, indicative of strong financial performance and an excellent investment potential. Significant renovations have been completed in 2023, including: A brand-new roof enhances the building’s structural integrity and aesthetic appeal. Upgraded windows & doors to improve energy efficiency and contribute to tenant comfort. Enhancements to the garage, including new siding, door, and light fixtures, bolster both functionality and curb appeal. With its excellent financial performance, extensive upgrades, and prime location, this six-unit building in Summit, is a fantastic opportunity for investors seeking a well-performing asset with long-term growth potential. Don’t miss your chance to capitalize on this exceptional listing!

Commercial Sale For Sale

7412 W 63rd Place, Summit, Illinois 60501

$737,000
Listing ID#12603836
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12603836
Price : $737,000
Year Built : 1961
Listing Status : Active Under Contract
Contact Agent