IL
Cook
Chicago
60623
1501 S Kolin Avenue
1501 S Kolin Avenue, Chicago, IL 60623
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Listing Type
Commercial/Industrial
Listing Status
contingent
9
$799,000

Home Details for 1501 S Kolin Avenue

Price
$799,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1924
Lot size acres
0.08
County
Cook
Garage
Days on site
71
MLS Listing#
12418665
Property Description

Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer vinyl windows (2023) that enhance both energy efficiency and curb appeal. The property features 3 spacious three-bedroom, one-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

Property Features
    Listing Courtesy: Berkshire Hathaway HomeServices American Heritage - 847-364-6030
    Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 21:00:36. 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: 2025-09-03 21:00:36
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    EXIT INFINITY REALTY
    1621 W. Walnut St #100, Chicago, IL 60612
    Office
    312 834 4383
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