1649 W 61st St
Chicago, IL 60636
$520,000
Price
Sq. Ft.
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1649 W 61st St Chicago, IL 60636

Executive Summary

CRER is pleased to present an 8-unit multifamily property in Chicago’s south side neighborhood of Englewood. The property has an attractive unit mix consisting of (4) 2 bedroom, 1 bath and (4) duplex 3 bedroom, 2 bath units. Recent improvements to the mechanicals include individual furnaces and hot water tanks, copper plumbing, and updated electrical wiring to the units. Each unit includes a spacious layout and has recently been rehabbed. This investment presents an investor the opportunity to own a completely updated building while achieving a double-digit rate of return.

Property Location

Chicago » 60636 » 1649 W 61st St

Property Details

Status Active
Listing Type For Sale
Property Type Multifamily
Price $520,000
Cap Rate 11.0%

Broker Contact

Finley Askin CRER Broker

Finley Askin

Mobile: (606) 375-5398

Office: (773) 327-9300

Email: FinleyA@crer.om

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