About 8622 West Summerdale Avenue
FULLY OCCUPIED ALL BRICK 6 UNIT BUILDING LOCATED IN THE O'HARE-CHICAGO SUBMARKET. UNIT 1-N IS A 3 BED 1.1 BATH AND THE TENANT IS M-T-M. UNIT 1-S IS A 1 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 2-N IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 2-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 3-N IS A 2 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 3-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. TENANTS PAY ELECTRIC. CURRENT INCOME IS $7300 PER MONTH / $87,600 PER YEAR. THE 2024 EXPENSES WERE; GAS $3575.24, WATER $3051.04, COMMON AREA ELECTRIC $530.18, GARBAGE $2435.41 AND THE 2025 BUILDING INSURANCE IS $3887.53 THERE ARE 6 A/C UNITS INCLUDED. ROOF WAS REPLACE IS 2016. SELLER DOES NOT HAVE THE AGES OF THE MECHANICALS OR WINDOWS. MECHANICALS ARE MAINTAINED ANNUALLY.
Features of 8622 West Summerdale Avenue
| MLS® # | 12461483 |
|---|---|
| Price | $975,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 8622 West Summerdale Avenue |
|---|---|
| Area | CHI - O'Hare |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60656 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partially Finished, Bath/Stubbed, Storage Space |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 55 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|---|
| Contact Info | 847-692-5522 |