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6228 S Western Avenue

Chicago, IL 60636
  • $650,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 12205364
UPDATED: 53 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Description

**Investment Opportunity: Prime Multi-Unit Building on Western Avenue** Presenting an exceptional investment opportunity at **6228 S Western Ave**. This solid brick building offers 16 spacious studio units, each featuring separate kitchens, full-sized bathrooms, and hardwood floors-ensuring desirable living spaces with long-term rental appeal. The property also boasts **two expansive commercial units**, providing unlimited potential for a variety of business uses or further development. Situated in a rapidly growing area with high visibility and foot traffic, this property benefits from its prime location on **Western Avenue**, one of Chicago's most sought-after streets. The building is easily accessible by public transportation, making it an ideal location for both residential tenants and commercial enterprises. Once fully leased, this property is a **cash cow**, with strong income potential from both the residential and commercial sides. With a stable foundation and a strategic location, 6228 S Western Ave offers investors a rare opportunity to secure a solid, income-generating asset in a thriving area. **Key Features:** - 16 large studio units with hardwood floors, separate kitchens, and full-sized bathrooms - Two expansive commercial units with endless potential - Solid brick construction for long-term durability - Prime location on busy Western Avenue with excellent access to public transportation - Growing neighborhood with increasing demand for both residential and commercial spaces - Strong cash flow potential once fully leased Don't miss out on this incredible investment opportunity-contact us today to learn more!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T07:57:43.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6228 S Western Avenue Chicago, IL 60636

  • Price: $650,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 53 min ago
  • MLS #: 12205364
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
**Investment Opportunity: Prime Multi-Unit Building on Western Avenue** Presenting an exceptional investment opportunity at **6228 S Western Ave**. This solid brick building offers 16 spacious studio units, each featuring separate kitchens, full-sized bathrooms, and hardwood floors-ensuring desirable living spaces with long-term rental appeal. The property also boasts **two expansive commercial units**, providing unlimited potential for a variety of business uses or further development. Situated in a rapidly growing area with high visibility and foot traffic, this property benefits from its prime location on **Western Avenue**, one of Chicago's most sought-after streets. The building is easily accessible by public transportation, making it an ideal location for both residential tenants and commercial enterprises. Once fully leased, this property is a **cash cow**, with strong income potential from both the residential and commercial sides. With a stable foundation and a strategic location, 6228 S Western Ave offers investors a rare opportunity to secure a solid, income-generating asset in a thriving area. **Key Features:** - 16 large studio units with hardwood floors, separate kitchens, and full-sized bathrooms - Two expansive commercial units with endless potential - Solid brick construction for long-term durability - Prime location on busy Western Avenue with excellent access to public transportation - Growing neighborhood with increasing demand for both residential and commercial spaces - Strong cash flow potential once fully leased Don't miss out on this incredible investment opportunity-contact us today to learn more!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking Parking-Street Roof Structure Flat

Interior Features

Basement Unfinished Cooling Window Unit(s) Heat Ventilation Radiators

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 15000 Built Before1978 YN Yes Gross Income 0 Gross Scheduled Income 124800 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Possible Use Multi-Family Tax Annual Amount 31228 Tax Year 2022 Tenant Pays Electricity Total Monthly Income 10400 Township Hyde Park Type Multi Family 5+ Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Landmark Realtors: 773-467-8500.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T07:57:43.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910