7349 W 57th St | Summit, IL 60501
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- LoopNet Team
7349 W 57th St
Summit, IL 60501
Midway 1 Apartments · Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- Proximity to Transportation – Less Than 5 Miles From Midway Airport, 13 Miles Southwest of Downtown Chicago
- Significant Renovations – 15 of 17 Units Rehabbed
- Strong Cash Flow – Stable Income With Rental Upside Potential
- Proximity to Transportation – Less Than 5 Miles From Midway Airport, 13 Miles Southwest of Downtown Chicago
- Operational Efficiency – Electric Baseboard Heat Reduces Expenses
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 11,050 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Zoning | R-1 - Single Family District | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 11,050 SF |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | R-1 - Single Family District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 17 | - | 650 |
PROPERTY TAXES
| Parcel Number | 18-13-217-043-0000 | Improvements Assessment | $115,397 |
| Land Assessment | $5,664 | Total Assessment | $121,061 |
PROPERTY TAXES
Parcel Number
18-13-217-043-0000
Land Assessment
$5,664
Improvements Assessment
$115,397
Total Assessment
$121,061
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