About 5449-51 West Quincy Street
New low price!! Bring your buyers and offers, owners open to creative financing solutions!! This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city's robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property's solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago's dynamic multi-family market.
Features of 5449-51 West Quincy Street
| MLS® # | 12390154 |
|---|---|
| Price | $899,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 5449-51 West Quincy Street |
|---|---|
| Area | CHI - Austin |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60644 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 129 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Geary's Realty LLC |
|---|---|
| Contact Info | 847-234-2040 |