$ 765,000 $ 800,000 4.4%

4301 W 63rd Street

Chicago, IL 60629

  • 4,812 SqFt
  • 1965 Year Built
Solid turn key 8 unit with many recent capital improvements. Strong in place 8% + CAP rate with room to boost NOI even further. Desirable location close to Midway airport and proximity to downtown. All units are 1 bed / 1 ba with solid tenant base. 2 of 8 units are recently updated with new floors and kitchens. Other units are in good condition but with mostly original finishes. Updates in 2023 include New boiler, 100% of windows, plumbing work, masonry work, and much more! 6 space parking pad available for tenant use FCFS as well as space in the basement to add laundry and storage for additional income.
Listed by Michael Scanlon of eXp Realty, LLC , Sold By Michael Scanlon of eXp Realty, LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $765,0004.4%

    Property Type Commercial

    Sub Type Multi Family 5+

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 4, 812 sqft

    Price per Sqft $158

    MLS Listing ID 12106663

    Sold Date 09/13/24

    Year Built 1965

    Annual Tax Amount $9,760

    Tax Year 2022

    Lot Dimensions 6933

    Property Sub-Type Multi Family 5+

  • Location

    State IL

    County Cook

    Zoning MULTI

  • Building

    Structure Type Brick

  • Interior

    Cooling Window Unit(s)

    Fireplace N

  • Exterior

    View Y/N true

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CONTACT

Michael Scanlon
Michael Scanlon

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