Closed
6558 W Montrose Avenue
Harwood Heights IL, 60706
$1,400,000
Closed
Commercial
Built in 1960
Courtesy of Coldwell Banker Realty
Well maintained L shape all brick 9 APARTMENTS MULTI-FAMILY building in sought after Harwood Heights. Two apartments were JUST REMODELED and all units are currently tenants occupied. All kitchen updates: 1 brand new white cabinets and 8 kitchens have newer oak cabinets and newer appliances. 5 bathrooms was also remodeled within 6 years. Newer windows (2015), soffit and fascia, newer gutters (2014). Newer hot water tank (2019). Newer appliances and electric service (2014). Coin laundry and each tenant has their storage in the basement or conveniently next to their unit. 5 parking spaces behind the building and more parking off the Nashville Ave street. Many currently residing tenants are long term tenants. Newly remodeled units are on annual leases and some other tenants on M/M basis. *** Through improved conditions and raised leases amount, management, and market interest rate, an investor has the opportunity to achieve even higher cash flow and Capitalization rate. GOOD AND RARE INCOME PRODUCING INVESTMENT PROPERTY*** Located right between Ridgemoor Country Club and Wilbur College.
11808033
MLSⓇ ID
June 14, 2023
Listed
May 9, 2024
Updated
Map
6558 W Montrose Avenue
Harwood Heights IL, 60706
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Wall Sleeve, Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.12 Acres
Roof
Composition
Other Property Details
Area Name
Harwood Heights
Taxes
$15,052
Tax Frequency
Annually
Days on Market
36
Garage
No
View
No
County
Cook
Municipality
Norwood Park
Pool
No
Zoning
MULTI
Buyer Agency Compensation
2%-$475
Courtesy of Coldwell Banker Realty, Jacek Piktel,
Listing Contact: 312-266-7000
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Based on information submitted to the MLS GRID for MRED 5/9/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 6:37 AM UTC, 5/9/2024
