8622 W Summerdale Avenue Chicago IL 60656 MLS #MRD12461483

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FULLY OCCUPIED ALL BRICK 6 UNIT BUILDING LOCATED IN THE O’HARE-CHICAGO SUBMARKET. UNIT 1-N IS A 3 BED 1.1 BATH AND THE TENANT IS M-T-M. UNIT 1-S IS A 1 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 2-N IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 2-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. UNIT 3-N IS A 2 BED 1 BATH AND THE LEASE EXPIRES 9-30-25. UNIT 3-S IS A 2 BED 1 BATH AND THE TENANT IS M-T-M. TENANTS PAY ELECTRIC. CURRENT INCOME IS $7300 PER MONTH / $87,600 PER YEAR. THE 2024 EXPENSES WERE; GAS $3575.24, WATER $3051.04, COMMON AREA ELECTRIC $530.18, GARBAGE $2435.41 AND THE 2025 BUILDING INSURANCE IS $3887.53 THERE ARE 6 A/C UNITS INCLUDED. ROOF WAS REPLACE IS 2016. SELLER DOES NOT HAVE THE AGES OF THE MECHANICALS OR WINDOWS. MECHANICALS ARE MAINTAINED ANNUALLY.

Property Details

Price:
$975,000
MLS #:
MRD12461483
Status:
Active Under Contract
Beds:
11
Baths:
5
Type:
Commercial
Neighborhood:
chiohare
Listed Date:
Sep 2, 2025
Total Sq Ft:
6,300
Year Built:
1974
Chi – O’hareChiohare

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Roof
Composition

Financial

Net Operating Income
$58,085
Tax Year
2023
Taxes
$16,035

Listing Agent & Office

Christopher Demos
@properties Christie’s International Real Estate

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