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6200 S Harlem Avenue , Summit, IL 60501

$700,000
  • 6200 S Harlem Avenue , Summit, IL 60501 Main Photo

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New to the Market New
BEDS0 BATHS MLS#12621225
STATUSNew PROPERTY TYPEMulti Unit - Multiple

Property Description

Turnkey 6-unit investment opportunity in Summit Argo! This well-maintained multi-family building features five 1BD/1BA units and one spacious 2BD/1BA unit, with 5 of 6 units currently occupied by long-term, month-to-month tenants - no lease headaches, just steady income from day one. The sellers have taken pride in maintaining the building. Investors will love the no-fuss layout - no interior stairwell to maintain - plus an on-site coin laundry room for added convenience and additional income potential. A private rear parking lot adds everyday ease for tenants and long-term appeal for the next owner. One unit is vacant and ready for an owner-occupant or to be leased at market rate immediately. Current rents are all far below market value. A rare chance to step into a stabilized asset with reliable tenants and room to grow. Don't miss it!

6200 S Harlem Avenue | MLS# 12621225

This multi-family property located at 6200 S Harlem Avenue , Summit, IL 60501 is currently listed for sale with an asking price of $700,000. Search Summit real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall Sleeve
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $10,750
Year Built: 1961

Feature Descriptions

Current Use: Multi-Family
HVAC: Baseboard
Lot Dimensions: 57x72
Parcel#: 18134260240000
Units: 6

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-574-9405

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Estimated Payment

$ 2,657.90 per month $1,557.90 Principal & Interest $895.83 Property Tax $204.17 Homeowner's Insurance

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