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Eli Masud

6211-13 S Loomis Boulevard

$299,999 6211-13 S Loomis Boulevard, Chicago, IL 60636
Fantastic investment opportunity awaits in the rapidly developing Englewood area! This property boasts a brick 4-unit building along with a charming 2- unit frame coach house, providing a total of 6 units ready for renovation. While the units inside may need some tender loving care (TLC), this property is overflowing with potential for savvy investors. Currently, the rents are below market value, offering the perfect chance for the new buyer to make the necessary improvements and transform it into a highly profitable cash-flowing asset. One of the standout features of this property is its convenient location, situated in close proximity to parks and excellent public transportation options. The neighborhood's ongoing development and growth ensure a promising future for this investment. However, it's important to note that due to the coach units on the property, securing a commercial loan would be the ideal financing option for the acquisition. Don't miss out on the chance to capitalize on this lucrative opportunity! With a strategic vision and the right approach, this property can quickly turn into a gem of an investment in Englewood's thriving real estate market. Act now to seize this rare find and unlock its full potential for long-term success.
  • For Sale
    Status
  • 1918
    Year Built

Features & Amenities

Area & Lot

  • Status: For Sale
  • MLS® ID: 11977853
  • Type: Commercial
  • Year Built: 1918

Exterior & Building

  • Stories: 2

Financial

  • Sales Price: $299,999
  • Real Estate Tax: $2,614/yr

6211-13 S Loomis Boulevard

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