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!
Listed By
Agency Name: Century 21 New Beginnings
Agency Phone: 708-576-8909
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 4,964.31 per month $3,347.68 Principal & Interest $1,401.67 Property Tax $214.96 Homeowner's Insurance
7412 W 63rd Place | MLS# 12603836
This multi-family property located at 7412 W 63rd Place , Summit, IL 60501 is currently listed for sale with an asking price of $737,000. Search Summit real estate on www.gogambino.com today.