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Sandy Basel
Cell: (815) 494-4132

7408 W 58th Street , Summit, IL 60501

$799,000
  • 7408 W 58th Street , Summit, IL 60501 Main Photo

20 Photos

New to the Market New
BEDS0 BATHS MLS#12750215
STATUSNew PROPERTY TYPEMulti Unit - Multiple

Property Description

An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.

7408 W 58th Street | MLS# 12750215

This multi-family property located at 7408 W 58th Street , Summit, IL 60501 is currently listed for sale with an asking price of $799,000. Search Summit real estate on sbasel.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.12 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $14,335
Year Built: 1966

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers, Separate Meters
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
HVAC: Baseboard
Lot Dimensions: 43X125
Parcel#: 18132200570000
Parking: 1-5 Spaces
Tenant Pays: Electricity
Units: 6

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 708-491-4155

Shown By

Agent Name: Sandy Basel
Agent Phone: Cell: (815) 494-4132
Agency Title: Gambino Realtors

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Estimated Payment

$ 5,056.93 per month $3,629.31 Principal & Interest $1,194.58 Property Tax $233.04 Homeowner's Insurance

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