6050 N Washtenaw AVE, Chicago, IL 60659
6050 N Washtenaw AVE, Chicago, IL 60659
6050 N Washtenaw AVE, Chicago, IL 60659
6050 N Washtenaw AVE, Chicago, IL 60659
6050 N Washtenaw AVE, Chicago, IL 60659
6050 N Washtenaw AVE, Chicago, IL 60659
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$ 900,000
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$ 900,000
Est. payment | /mo
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12702214

Year Built 1965

Annual Tax Amount $12,859

Tax Year 2024

Lot Dimensions 33 X 125

Property Sub-Type Multi Family 5+

Property Description

Unique opportunity to own a five-unit multifamily building at 6050 N. Washtenaw in the desirable West Ridge neighborhood. This income-producing property features three spacious 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Recent capital improvements include a newer roof and newer tuckpointing, offering added value and peace of mind. Tenants pay their own gas and electric, helping to minimize owner expenses. The property also includes a 2-car garage, an additional parking pad, and ample storage throughout the building. Until the two 1-bedroom tenants moved out, it was generating approximately $7,050 in monthly rental income, with an annual gross income of $84,600, this is an outstanding opportunity for investors looking to add a solid, well-maintained asset to their portfolio.

Location

State IL

County Cook

Area Chi - West Ridge

Zoning MULTI

Rooms

Basement Unfinished

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick,Block

Midwest Real Estate Data (MRED) IDX
Listed by Barbara O'Connor of  Baird & Warner 

Nearby Locations

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6050 N Washtenaw AVE