5449-51 West Quincy Street, Chicago, IL

$899,000

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About 5449-51 West Quincy Street

New low price!! Bring your buyers and offers, owners open to creative financing solutions!! This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city's robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property's solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago's dynamic multi-family market.

Features of 5449-51 West Quincy Street

MLS® # 12390154
Price $899,000
Bathrooms 0.00
Acres 0.00
Year Built 1925
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 5449-51 West Quincy Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 126
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGeary's Realty LLC
Contact Info847-234-2040

Listing Map

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