2452 W 59th Street, Chicago, IL

$799,000

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About 2452 W 59th Street

Spectacular corner-lot building offers excellent investment potential with a desirable mix of eight - 2 bedroom, 1 bath units and one - 1 bedroom, 1 bath unit. This property features 5 dedicated parking spaces plus additional street parking. Current rents are below market due to long-term tenants and the owner's decision to maintain rents without significant increase. Additional income potential includes washer and dryer hook-up in the boiler room, as well as 9 available storage lockers. Roof is 20 years old. With its corner-lot location, multiple income streams, and potential to improve income, this property presents an attractive opportunity for an investor looking to maximize the building's income potential.

Features of 2452 W 59th Street

MLS® # 12769591
Price $799,000
Bathrooms 0.00
Year Built 1968
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 2452 W 59th Street
Area CHI - Gage Park
City Chicago
County Cook
State IL
Zip Code 60629

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 9
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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