About 2452 W 59th Street
Spectacular corner-lot building offers excellent investment potential with a desirable mix of eight - 2 bedroom, 1 bath units and one - 1 bedroom, 1 bath unit. This property features 5 dedicated parking spaces plus additional street parking. Current rents are below market due to long-term tenants and the owner's decision to maintain rents without significant increase. Additional income potential includes washer and dryer hook-up in the boiler room, as well as 9 available storage lockers. Roof is 20 years old. With its corner-lot location, multiple income streams, and potential to improve income, this property presents an attractive opportunity for an investor looking to maximize the building's income potential.
Features of 2452 W 59th Street
| MLS® # | 12769591 |
|---|---|
| Price | $799,000 |
| Bathrooms | 0.00 |
| Year Built | 1968 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | New |
Community Information
| Address | 2452 W 59th Street |
|---|---|
| Area | CHI - Gage Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60629 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 3 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Baird & Warner |
|---|