7408 W 58th Street, Summit, IL

$799,000

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About 7408 W 58th Street

An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.

Features of 7408 W 58th Street

MLS® # 12750215
Price $799,000
Bathrooms 0.00
Year Built 1966
Type Commercial Sale
Sub-Type Multi Family 5+
Status New

Community Information

Address 7408 W 58th Street
Area Summit
City Summit
County Cook
State IL
Zip Code 60501

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Composition
Foundation Concrete Perimeter

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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