For Sale Commercial MLS# 12783161

7408 W 58th Street

Summit, IL 60501

$799,000

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About 7408 W 58th Street

An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.

Property details

Property

Type
commercial
Year built
1966

Schools

District
Argo Community High School District 217

Location

Subdivision
Argo
Neighborhood
Argo

Location

Neighborhood
Argo
School district
Argo Community High School District 217

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Listed by Dan Ortiz, Baird & Warner

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.