$1,030,000
$975,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
8622 W Summerdale AVE Chicago, IL 60656
6,300 SqFt
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $163
MLS Listing ID 12461483
Sold Date 12/08/25
Year Built 1974
Annual Tax Amount $16,035
Tax Year 2023
Lot Dimensions 44 X 132
Property Sub-Type Multi Family 5+
Property Description
FULLY OCCUPIED ALL BRICK 6 UNIT BUILDING LOCATED IN THE O'HARE-CHICAGO SUBMARKET. UNIT 1-N IS A 3 BED 1.1 BATH AND THE TENANT IS M-T-M. UNIT 1-S IS A 1 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 2-N IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 2-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 3-N IS A 2 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 3-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. TENANTS PAY ELECTRIC. CURRENT INCOME IS $7300 PER MONTH / $87,600 PER YEAR. THE 2024 EXPENSES WERE; GAS $3575.24, WATER $3051.04, COMMON AREA ELECTRIC $530.18, GARBAGE $2435.41 AND THE 2025 BUILDING INSURANCE IS $3887.53 THERE ARE 6 A/C UNITS INCLUDED. ROOF WAS REPLACE IS 2016. SELLER DOES NOT HAVE THE AGES OF THE MECHANICALS OR WINDOWS. MECHANICALS ARE MAINTAINED ANNUALLY.
Location
State IL
County Cook
Area Chi - O'Hare
Zoning MULTI
Rooms
Basement Partially Finished, Bath/Stubbed, Storage Space
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Structure Type Brick
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Bought with Kief Mkrdichian of Century 21 Circle

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