Courtesy of Forte Properties, Inc.

6710 N Northwest Highway

Chicago, IL, 60631

$1,990,000

$1,990,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1910
The building comprises four (4) three-bedroom / two-bathroom apartments with two ground-level commercial spaces. The entire property was completely renovated in 2020, which included the replacement of plumbing, electrical, building mechanicals, windows, roof, steel rear porches, and more. The apartments feature high-end finishes, including luxury kitchen cabinetry, quartz countertops, and stainless steel appliances. Hardwood flooring can be found throughout the units with tastefully exposed brick accent walls, in-unit laundry, individual HVAC systems, and hot water tanks. The property also offers four (4) garage parking spaces for the residential tenants, and there is additional uncovered parking for the commercial. The property is located within the best pocket of Edison Park, providing convenient access to the Edison Park Metra Station (1 blk. away) and neighborhood attractions which include restaurants, bars, and retailers. The property presents an investor with the opportunity to acquire a stabilized turnkey investment with long-term rental upside. The apartment rents are currently well below the market rate, with a waiting list of new tenants.
MLS® ID:
11443461
Listed:
6/21/22
Updated:
10/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air

Exterior/Building Features

Lot Size
6,250 ft² lot

Other Property Details

Area Name
CHI - Edison Park
Taxes
$20369
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
5.0
View
N
County
Cook
Pool
No
Total Stories
3
Zoning
OTHER

Property History

Date
Event
Price
Value
8/19/22
Price Change
$1,990,000
-11%

 

Courtesy of Forte Properties, Inc.

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Data last updated 9:23 AM UTC, 10/1/22

 

 

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