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6 Properties Within 0.5 miles of: 7408 W 58th, Summit

7408 W 58th
Summit, IL 60501

  • Built In 1966
Price

$799,000

Est Payment
$5,323 / month (details)  
Taxes
$14,335  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
43X125  
Built
1966  
Neighborhood
Summit  
MLS
#12750215
Status
Active (1 day)

Property Description

An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-08-2026 Listed at $799,000
Last Modified 9/8/26 12:26 PM

Nearby Transportation

  • Bus 62H 0.3 mi
  • Bus 62 0.5 mi
  • Bus 63W 0.6 mi
  • Bus 165 0.9 mi
  • Heritage Corridor 0.6 mi
  • Hwy 171 South 0.3 mi
  • I 55 North 0.8 mi
  • I 55 South 0.9 mi
  • Hwy 171 North 1.6 mi
  • I 294 North 4.1 mi
  • I 294 South 4.3 mi
grid
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