Chicago, IL 60644,5449-51 W Quincy ST
Chicago, IL 60644,5449-51 W Quincy ST
Chicago, IL 60644,5449-51 W Quincy ST
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$999,900
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10,800 SqFt
Price Dropped by $200K

5449-51 W Quincy ST Chicago, IL 60644

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Park Place Realty Group LLC

Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $92

MLS Listing ID 12390154

Maintenance Fees $5,000

Year Built 1925

Annual Tax Amount $12,878

Tax Year 2023

Lot Dimensions 55X125

Property Sub-Type Multi Family 5+

Property Description

New low price!! Bring your buyers and offers, owners open to creative financing solutions!! This 12-unit multi-family property at 5449-51 W Quincy in Chicago presents a prime value-add opportunity for savvy investors looking to capitalize on the city's robust rental market. The building features (12) spacious 2-bedroom/1-bathroom units with well-designed layouts, offering ample living space that appeals to a wide range of tenants. Each unit is primed for light rehabilitation, allowing new ownership to enhance interiors and boost rental potential through strategic upgrades. The property's solid structure is a standout feature, with a sound foundation and well-maintained masonry exterior in excellent condition, ensuring long-term durability and low maintenance costs. This sturdy construction provides a reliable base for renovations, making it an ideal canvas for investors aiming to maximize value. With significant potential for increased cash flow through effective management and targeted improvements, this property is perfectly positioned for those seeking to unlock its full potential in Chicago's dynamic multi-family market.

Location

State IL

County Cook

Area Chi - Austin

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by David Geary • Geary's Realty LLC

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agent

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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