Chicago, IL 60629 6500 S Maplewood Avenue

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Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 12103499
  • 07/24/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 12

Home Details

Welcome to a remarkable investment opportunity in the vibrant neighborhood of West Lawn! This well-maintained commercial 10-unit building at 6500 S. Maplewood is a corner property that stands out with its revenue-generating potential, making it ideal for savvy investors looking to expand their portfolio. This building features six two-bedroom units and four one-bedroom units, all equipped with individually controlled heat, ensuring tenant comfort year-round. The back porch and hallways have been recently painted and new carpet has been added in all the hallways, enhancing the overall appeal of the building. With the potential to raise rents, this property offers a fantastic upside to maximize income, making it an excellent choice for those looking to capitalize on the growing demand for quality rental units in the area. Don't miss this opportunity to own a prime piece of real estate in West Lawn-where convenience meets community! Contact 8478816176 for access to the building
Presented By: Berkshire Hathaway HomeServices Chicago

General for 6500 S Maplewood Avenue

Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CountyCook
Current UseMulti-Family
Days on Market25
Directions67TH ST & WESTERN AVE
Electric Expense480
Fuel Expense2334
Gross Income103620
Insurance Expense5874
MLS AreaCHI - Chicago Lawn
MaintenanceExpense17916
Net Operating Income63036
NumberOfUnitsTotal10
Operating Expense40584
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount11328
Tax Year2023
Tenant PaysElectricity
Trash Expense2040
Water Sewer Expense2652
Year Built1924

Exterior for 6500 S Maplewood Avenue

ExteriorBrick
Lot Dimensions0.169

Additional Details

Price History

Worth Clark

Price $699,900
MLS#12103499
List Date 07/24/2024
Property Type Contingent
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