5501 W Quincy Street
Property Description
**Multiple offers received, highest and best due 8/5 1:00 PM** Rarely available 9-unit brick apartment building situated on a prominent corner lot, offering excellent visibility and a compelling value-add investment opportunity. The property features a desirable unit mix of (6) 2-bedroom/1-bath units and (3) 1-bedroom/1-bath units, providing strong income-producing potential with significant upside through rental repositioning and operational improvements. An excellent opportunity for investors seeking to enhance cash flow and maximize long-term returns in a well-positioned multifamily asset. Property is being sold strictly as-is. No survey is available. Buyer will be responsible for assuming all code compliance requirements.Broker Details
ParkVue Realty Corporation (312) 788-4040
MLS ID: 106496 State License Number: 471010606
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $649,900 |
| No. of Units: | 9 |
| Year Built: | 1926 |
| Opportunity Zone: | No |
| Price per unit: | $72,211 |
| Property Website | Click Here |
| Number of Bedrooms: | 15 |
| Number of Bathrooms: | 9 |
ID: 3yd-MREDIL-12707310
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