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6500 S Maplewood AVE Chicago, IL 60629
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Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12103499
Sold Date 10/10/24
Maintenance Fees $17,916
Year Built 1924
Annual Tax Amount $11,328
Tax Year 2023
Lot Dimensions 0.169
Property Sub-Type Multi Family 5+
Property Description
Welcome to a remarkable investment opportunity in the vibrant neighborhood of West Lawn! This well-maintained commercial 10-unit building at 6500 S. Maplewood is a corner property that stands out with its revenue-generating potential, making it ideal for savvy investors looking to expand their portfolio. This building features six two-bedroom units and four one-bedroom units, all equipped with individually controlled heat, ensuring tenant comfort year-round. The back porch and hallways have been recently painted and new carpet has been added in all the hallways, enhancing the overall appeal of the building. With the potential to raise rents, this property offers a fantastic upside to maximize income, making it an excellent choice for those looking to capitalize on the growing demand for quality rental units in the area. Don't miss this opportunity to own a prime piece of real estate in West Lawn-where convenience meets community! Contact 8478816176 for access to the building
Location
State IL
County Cook
Area Chi - Chicago Lawn
Interior
Fireplace N
Building
Level or Stories 2
Read Less
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Bought with German Llanos • 24 Hour Real Estate LLC