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7244 W 63rd Pl
Summit, IL 60501
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 3,920 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1965 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,920 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
About 7244 W 63RD PL , SUMMIT, IL 60501
Located in Opportunity Zone Divided into six apartments, this 100% leased multi-family building is for sale at a 10.4% cap rate. The property has three one-bedroom units and three two-bedroom units, most of which have private outdoor space. Generating more than $5,000 per month, this property is a solid income producer and a great opportunity. The apartment building is close to schools, shopping and restaurants on Harlem Ave.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 3 | - | - |
Property Taxes
| Parcel Number | 18-24-203-024-0000 | Improvements Assessment | $35,007 |
| Land Assessment | $3,685 | Total Assessment | $38,692 |
Property Taxes
Parcel Number
18-24-203-024-0000
Land Assessment
$3,685
Improvements Assessment
$35,007
Total Assessment
$38,692
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