7201 N Western AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60645
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12210481
Year Built 1928
Annual Tax Amount $19,440
Tax Year 2023
Property Description
7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of over 6% from day one.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Interior
Cooling Central Individual,Window Unit(s)
Exterior
Roof Type Rubber
Building
Dwelling Type Mixed Use