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- LoopNet Team
7631 W 63rd Pl
Summit, IL 60501
Summit 1 Apartments · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Full parking lot and additional land
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.50 AC |
| Property Type | Multifamily | Building Size | 15,948 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1945 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Zoning | R-2 - Multi-Family Residential District | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 15,948 SF |
| No. Stories | 3 |
| Year Built | 1945 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | R-2 - Multi-Family Residential District |
ABOUT 7631 W 63RD PL , SUMMIT, IL 60501
After 30 years of ownership the family retirement forcing sale offering of an 18 unit multi family property in rapidly improving area of Summit. Located close to the Argo High school and Corn products. Stable area with low crime 63rd st went through complete area improvement with new sidewalks and street paving. The property has a full parking lot to the east and a full court yard lot to the west that could be improved for additional parking. Large one bedrooms with self metered electric heat and a/c. Large basement for storage or other uses.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | $687.50 | - |
| 2+1 | 3 | $775.00 | - |
PROPERTY TAXES
| Parcel Number | 18-24-103-045-0000 | Improvements Assessment | $142,001 |
| Land Assessment | $11,202 | Total Assessment | $153,203 |
PROPERTY TAXES
