6710 North Northwest HighwayChicago, IL 60631Price: $2,250,000

  • Price: $2,250,000
  • 55 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1910Year Built

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The building comprises four (4) three-bedroom / two-bathroom apartments with two ground-level commercial spaces. The entire property was completely renovated in 2020, which included the replacement of plumbing, electrical, building mechanicals, windows, roof, steel rear porches, and more. The apartments feature high-end finishes, including luxury kitchen cabinetry, quartz countertops, and stainless steel appliances. Hardwood flooring can be found throughout the units with tastefully exposed brick accent walls, in-unit laundry, individual HVAC systems, and hot water tanks. The property also offers four (4) garage parking spaces for the residential tenants, and there is additional uncovered parking for the commercial. The property is located within the best pocket of Edison Park, providing convenient access to the Edison Park Metra Station (1 blk. away) and neighborhood attractions which include restaurants, bars, and retailers. The property presents an investor with the opportunity to acquire a stabilized turnkey investment with long-term rental upside. The apartment rents are currently well below the market rate, with a waiting list of new tenants.

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Listed by John Warren of Presto Properties Inc.

Based on information submitted to MRED  as of August 11, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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