About 6050 N Washtenaw Avenue
Unique opportunity to own a five-unit multifamily building at 6050 N. Washtenaw in the desirable West Ridge neighborhood. This income-producing property features three spacious 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Recent capital improvements include a newer roof and newer tuckpointing, offering added value and peace of mind. Tenants pay their own gas and electric, helping to minimize owner expenses. The property also includes a 2-car garage, an additional parking pad, and ample storage throughout the building. Until the two 1-bedroom tenants moved out, it was generating approximately $7,050 in monthly rental income, with an annual gross income of $84,600, this is an outstanding opportunity for investors looking to add a solid, well-maintained asset to their portfolio.
Features of 6050 N Washtenaw Avenue
| MLS® # | 12702214 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 6050 N Washtenaw Avenue |
|---|---|
| Area | CHI - West Ridge |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60659 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick, Block |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 68 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Baird & Warner |
|---|