8622 W Summerdale AVE

Chicago,IL 60656

$ 975000

- Bed

0 Bath

6300 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $154

MLS Listing ID 12461483

Year Built 1974

Annual Tax Amount $16,035

Tax Year 2023

Lot Dimensions 44 X 132

Property Sub-Type Multi Family 5+

Property Description

FULLY OCCUPIED ALL BRICK 6 UNIT BUILDING LOCATED IN THE O'HARE-CHICAGO SUBMARKET. UNIT 1-N IS A 3 BED 1.1 BATH AND THE TENANT IS M-T-M. UNIT 1-S IS A 1 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 2-N IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 2-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 3-N IS A 2 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 3-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. TENANTS PAY ELECTRIC. CURRENT INCOME IS $7300 PER MONTH / $87,600 PER YEAR. THE 2024 EXPENSES WERE; GAS $3575.24, WATER $3051.04, COMMON AREA ELECTRIC $530.18, GARBAGE $2435.41 AND THE 2025 BUILDING INSURANCE IS $3887.53 THERE ARE 6 A/C UNITS INCLUDED. ROOF WAS REPLACE IS 2016. SELLER DOES NOT HAVE THE AGES OF THE MECHANICALS OR WINDOWS. MECHANICALS ARE MAINTAINED ANNUALLY.

Location

State IL

County Cook

Area Chi - O'Hare

Zoning MULTI

Rooms

Basement Partially Finished,Bath/Stubbed,Storage Space

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Structure Type Brick

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