Accepting Backups
7412 63rd Place
Summit, IL 60501
$737,000
0beds
0baths
—sqft
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About this home
Introducing a remarkable multi-unit building in the heart of Summit. Offering a lucrative investment opportunity for savvy buyers. This fully leased six-unit property boasts a low vacancy rate, ensuring consistent cash flow and long-term stability. Enjoy immediate returns with all six units fully leased, creating a reliable income stream in a highly sought-after rental market. Experience peace of mind with a proven low vacancy rate, demonstrating strong tenant demand and satisfaction. The property features a robust cap rate, indicative of strong financial performance and an excellent investment potential. Significant renovations have been completed in 2023, including: A brand-new roof enhances the building's structural integrity and aesthetic appeal. Upgraded windows & doors to improve energy efficiency and contribute to tenant comfort. Enhancements to the garage, including new siding, door, and light fixtures, bolster both functionality and curb appeal. With its excellent financial performance, extensive upgrades, and prime location, this six-unit building in Summit, is a fantastic opportunity for investors seeking a well-performing asset with long-term growth potential. Don't miss your chance to capitalize on this exceptional listing!
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1961
Lot size—
Annual tax$16,820
CountyCook
MLS #MRD12603836
Days on market13
Features
Cooling
Window Unit(s)
Construction
Brick
Listed by
Century 21 New Beginnings
Miriam Devries · 815-541-7097
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/22/2026, 11:19:02 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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