1501 S Kolin Avenue, Chicago IL 60623 (Off Market)

For Sale, USD 799,000


1501 S Kolin Avenue, Chicago IL 60623,

Property Type : Commercial

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer vinyl windows (2023) that enhance both energy efficiency and curb appeal. The property features 3 spacious three-bedroom, one-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.
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1501 S Kolin Avenue, Chicago IL 60623, United States,Illinois,Chicago is a Chicago luxury Commercial listed for sale USD 799,000. This high end Chicago Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.