6500 South Maplewood, Chicago IL 60629
$699,900

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Property Description

Welcome to a remarkable investment opportunity in the vibrant neighborhood of West Lawn! This well-maintained commercial 10-unit building at 6500 S. Maplewood is a corner property that stands out with its revenue-generating potential, making it ideal for savvy investors looking to expand their portfolio. This building features six two-bedroom units and four one-bedroom units, all equipped with individually controlled heat, ensuring tenant comfort year-round. The back porch and hallways have been recently painted and new carpet has been added in all the hallways, enhancing the overall appeal of the building. With the potential to raise rents, this property offers a fantastic upside to maximize income, making it an excellent choice for those looking to capitalize on the growing demand for quality rental units in the area. Don't miss this opportunity to own a prime piece of real estate in West Lawn-where convenience meets community! Contact 8478816176 for access to the building

Features & Information

Key Details

  • List Price $699,900
  • Property Taxes $11,328
  • Price/ Sq. Ft. Unavailable
  • Year Built 1924
  • Status Contingent

Building Information

  • Age of Building Older
  • Exterior Construction Brick
  • Heating & Cooling Central Heat/Indiv Controls

Location

  • County Cook
  • Directions to Property 67th St & Western Ave
  • Property Taxes

  • Tax 11328
  • Parcel Identification Number 19242200210000

Listed by Christina Garrett for Berkshire Hathaway HomeServices Chicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/7/2024 10:32 PM. 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.

Explore Margate Park

An abundance of green spaces and lakeside activities blend with quiet, residential streets to make this sub-neighborhood of Uptown an ideal place for people-on-the-go and stay-at-home types alike. Margate Park is not a very large Chicago community, yet it manages to squeeze in quite a bit of public parkland and recreation spots in its limited area. Margate Parkers can easily ride their bikes and jog along the shoreline, soak up the sun at the beach, participate in volleyball and basketball games, and picnic in the park. Families enjoy the neighborhood's interactive playgrounds and dog-owners are fans of Puptown, the fully enclosed, off-leash dog park. Because of its prime waterfront location, much of Margate Park real estate is highly desirable. Renovated older flats offer a vintage appeal with modern living spaces, for affordable prices to boot. Although Margate Park is mostly a relaxed beach town, Sheridan Road supplies the community with a commercial kick of tasty restaurants, a few shops and a handful of grocery stores.

Read More About Margate Park...

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