About 5501 W Quincy Street
**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.
Features of 5501 W Quincy Street
| MLS® # | 12707310 |
|---|---|
| Price | $649,900 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 1926 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
| Taxes | $9,992 |
Community Information
| Address | 5501 W Quincy Street |
|---|---|
| Area | CHI - Austin |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60644 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 35 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Parkvue Realty Corporation |
|---|