6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
6050 N Washtenaw Avenue
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Listed by Barbara O'Connor with Baird & Warner 773-491-5631
$900,000

6050 N Washtenaw Avenue

Description

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.

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Location

6050 N Washtenaw Avenue, Chicago, IL 60659

Status

Active Under Contract

Property Amenities

Area & Lot
MLS® ID 12702214
Year Built 1965
Type Multi-Family
Status Active Under Contract
Exterior
Stories 2
Water Source Municipal Water
Finance
Sales Price $900,000
Real Estate Tax $12,052 yearly
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