IL
Cook
Chicago
60621
501-505 W 60 Place
501-505 W 60 Place, Chicago, IL 60621
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Listing Type
Commercial/Industrial
Listing Status
active
13
$285,000

Home Details for 501-505 W 60 Place

Price
$285,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1928
County
Cook
Garage
Days on site
109
MLS Listing#
12386860
Property Description

Cash buyer is necessary on this investment. Huge price reduction. Come in an make this the investment of the year. This is a money maker. All units rented. Gross income 82200. Expenses 42541. Final income $39,659. Yes, large cash on cash return. Great opportunity to buy $650,000 investment for $300,000. Five huge 3 bedroom, 2 bath updated condo units with in-unit laundry. 9 units in the association. Association dues are 202/ month. Tenants pay heat and electric. Association has all other expenses. All units have central Air Conditioning. Newer furnaces and AC units. Great condition. Each unit has deeded parking space. There are 5 deeded parking spaces with the units. Plenty of street parking as this is a corner building. 5 minutes to Interstate 94 to downtown. Open spacious land around for future development. Great little money maker. Owner needs to sell fast. He has priced this investment accordingly. Call listing agent for showings.

Property Features
  • Utilities
    • Sewer Connected
Listing Courtesy: Coldwell Banker Realty - 708-460-4900
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-11 11:52:50. 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.
Last Updated: 2025-09-11 11:52:50
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
Office
312 834 4383
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