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5501 W Quincy Street , Chicago, IL 60644

$649,900
  • 5501 W Quincy Street , Chicago, IL 60644 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET14,000 MLS#12707310
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Rarely available 9-unit brick apartment building situated on a prominent corner lot, offering excellent visibility and a compelling value-add investment opportunity. The property features a desirable unit mix of (6) 2-bedroom/1-bath units and (3) 1-bedroom/1-bath units, providing strong income-producing potential with significant upside through rental repositioning and operational improvements. An excellent opportunity for investors seeking to enhance cash flow and maximize long-term returns in a well-positioned multifamily asset. Property is being sold strictly as-is. No survey is available. Buyer will be responsible for assuming all code compliance requirements.

5501 W Quincy Street | MLS# 12707310

This multi-family property located at 5501 W Quincy Street , Chicago, IL 60644 is currently listed for sale with an asking price of $649,900. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.16 Acres
Stories: 3.0
Taxes: $9,992
Year Built: 1926

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Alarm On Site, Fire Extinguisher/s
Foundation: Concrete Perimeter
HVAC: Radiators, Other
Lot Dimensions: 0.1584
Parcel#: 16161090200000
Parking: Parking-Street
Units: 9

Listed By / Shown By

Listed By

Agency Name: Parkvue Realty Corporation
Agency Phone: 312-788-4040

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,974.27 per month $2,952.05 Principal & Interest $832.67 Property Tax $189.55 Homeowner's Insurance

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