5501 W Quincy Street, Chicago, IL

$649,900

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0.16

Acres

About 5501 W Quincy Street

**Multiple offers received, highest and best due 8/5 1:00 PM** 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.

Features of 5501 W Quincy Street

MLS® # 12707310
Price $649,900
Bathrooms 0.00
Acres 0.16
Year Built 1926
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 5501 W Quincy Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 35
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeParkvue Realty Corporation

Listing Map

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