2438 W 63rd Street

Chicago, Illinois 60629

Closed / MLS #11134289 / Commercial / Mixed Use / Chicago Lawn

Listing information updated 2/28/2022 at 2:23am

GREAT TURNKEY, INCOME PRODUCING PROPERTY!! FULLY OCCUPIED, RECENTLY UPDATED MIXED-USE BUILDING WITH 3 APARTMENTS & 1 STOREFRONT. **FHA COMPLIANT PROPERTY & SECTION 8 APPROVED** Commercial space is less than 49% of entire building so property is eligible for FHA LOAN with 3.5% Down Payment! Hardwood Floors, Ceramic Tiles, Modern Cabinets, Secured Entrance, Central A/C, Gated Parking & More!! Apt #1: 3 BED/2 BA ($1100/Mo). Apt #2: 2 BED/1 BA ($950/Mo). Apt #3: 1 BED/1 BA ($700/Mo). Storefront: ($1600/Mo). Building has been well maintained and apartments were always updated after each tenant moved out. Separate Furnace, Gas and Electric Meters for each unit. Occupied apartments will be shown to qualified buyers only. PROOF OF FUNDS/PRE-APPROVAL REQUIRED WITH ALL OFFERS. SOLD IN AS-IS CONDITION! BROKER OWNED PROPERTY. Don't miss out on this great investment opportunity! GROSS ANNUAL INCOME: $52,200.

Full Features

Built:

1918

Parking Spaces:

Cooling System:

Central Air,Central Individual

Stories:

Potential Use:

Multi-Family, Retail

Building Square Feet:

5,325

Current Net Income:

$46,640

Taxes & Assessments

Tax Amount:

$3,641

Tax Year:

2019

Location

Zip Code:

60629

City:

Chicago

County:

Cook

Listing Office: Baird & Warner

Listing Office Phone: 312.414.3300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/28/2022 at 2:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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2438 W 63rd Street is a commercial / mixed use which sold for $370,000. This commercial / mixed use has been listed on @properties since June 24th, 2021 and was built in 1918.