**Investment Opportunity: Prime Multi-Unit Building on Western Avenue** Presenting an exceptional investment opportunity at **6228 S Western Ave**. This solid brick building offers 16 spacious studio units, each featuring separate kitchens, full-sized bathrooms, and hardwood floors-ensuring desirable living spaces with long-term rental appeal. The property also boasts **two expansive commercial units**, providing unlimited potential for a variety of business uses or further development. Situated in a rapidly growing area with high visibility and foot traffic, this property benefits from its prime location on **Western Avenue**, one of Chicago's most sought-after streets. The building is easily accessible by public transportation, making it an ideal location for both residential tenants and commercial enterprises. Once fully leased, this property is a **cash cow**, with strong income potential from both the residential and commercial sides. With a stable foundation and a strategic location, 6228 S Western Ave offers investors a rare opportunity to secure a solid, income-generating asset in a thriving area. **Key Features:** - 16 large studio units with hardwood floors, separate kitchens, and full-sized bathrooms - Two expansive commercial units with endless potential - Solid brick construction for long-term durability - Prime location on busy Western Avenue with excellent access to public transportation - Growing neighborhood with increasing demand for both residential and commercial spaces - Strong cash flow potential once fully leased Don't miss out on this incredible investment opportunity-contact us today to learn more!
MLS # | 12205364 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1926 |
Days On Site | 226 |
Listing Provided By | Landmark Realtors | Waldemar Komendzinski |
SQ Feet | 15,000 |
---|---|
Basement | Y |
Story(s) | 3 |
Units | 16 |
Zoning | MULTI |
Cooling | Window Unit(s) |
---|
Foundation Details | Concrete Perimeter |
---|---|
Construction Materials | Brick |
Property | 31228 |
---|
State | IL |
---|---|
County | Cook |
City | Chicago |
Zip Code | 60636 |
Area | CHI Chicago Lawn |
Listing VS Median (in 60636) | |
Price: $545,963 low | high Med: $190,000 SqFt: 15,000 low | high Med: 1,396 $ / SqFt: $36 low | high Med: $136 On site: 226 low | high Med: 18.000000 |