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$ 900,000
Est. payment /mo
Active
6050 N Washtenaw AVE Chicago, IL 60659
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12702214
Year Built 1965
Annual Tax Amount $12,052
Tax Year 2025
Lot Dimensions 33 X 125
Property Sub-Type Multi Family 5+
Property 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.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Water Municipal Water
Structure Type Brick,Block
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Listed by Barbara O'Connor of Baird & Warner
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