6050 N Washtenaw Avenue,Chicago, IL 60659
Chicago, IL 60659
Description
Unique opportunity to own a five-unit multifamily building at 6050 N. Washtenaw in the desirable West Ridge neighborhood. This income-producing property features three spacious 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Recent capital improvements include a newer roof and newer tuckpointing, offering added value and peace of mind. Tenants pay their own gas and electric, helping to minimize owner expenses. The property also includes a 2-car garage, an additional parking pad, and ample storage throughout the building. Until the two 1-bedroom tenants moved out, it was generating approximately $7,050 in monthly rental income, with an annual gross income of $84,600, this is an outstanding opportunity for investors looking to add a solid, well-maintained asset to their portfolio.
Details
| MLS # | 12702214 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 64 |
| Listing Provided By | Baird & Warner | Barbara O'Connor |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Zoning | MULTI |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Brick, Block |
Utilities
| Electric | Service - 201 to 600 Amps |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 12052.4 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60659 |
| Area | CHI West Ridge |
| Listing VS Median (in 60659) | |
Price: $900,000 low | high Med: $182,495 On site: 64 low | high Med: 64.5 | |
Market Activity 60659
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60659 |
| Area | CHI West Ridge |
| Listing VS Median (in 60659) | |
Price: $900,000 low | high Med: $182,495 On site: 64 low | high Med: 64.5 | |
