6
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$2,550,000
Est. payment /mo
Price Dropped by $100K
7201 N Western AVE Chicago, IL 60645
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UPDATED:
12/22/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12210481
Year Built 1928
Annual Tax Amount $19,440
Tax Year 2023
Lot Dimensions 10150
Property Description
7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Interior
Cooling Central Individual, Window Unit(s)
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Mixed Use
Level or Stories 2
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tim Mehmeti • 606 Realty LLC
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