8611 W Summerdale Ave., Chicago, IL 60656

8611 W Summerdale Ave., Chicago, IL 60656
Photo 1 of 43
$880,000
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $12,598.05 1974
On the market: 2 days

Est. Monthly Payment:

$6,319($5,269 + $1,050 taxes*)

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Attractive and well-maintained all-brick jumbo 3-flat featuring an attached 2.5-car garage plus up to four additional exterior parking spaces. This solid, beautifully updated multi-family building is ideal for both owner-occupants and investors-live in one unit while collecting rental income from the others. The property offers a new garage roof (2025), house roof (2020), a large second-floor deck, and all apartments are above ground. The building consists of two spacious 3-bedroom, 2-bath units with hardwood floors and one large 2-bedroom, 1-bath unit, all with excellent layouts and newer front bay windows. Each unit features separate heating, electric, and hot water heaters, with all major mechanicals newer, along with newer coin laundry (washer & dryer) generating approximately $300 in additional monthly income, and individual storage closets. Long-term tenants of over 20 years reflect true pride of ownership, while current rents remain below market, presenting an excellent value-add opportunity for increased cash flow. Numerous recent updates throughout enhance both comfort and long-term value. Conveniently located less than a mile from I-90 and the Cumberland Blue Line CTA station (park-and-ride), offering easy access to downtown Chicago and surrounding areas. Perfectly situated near shopping, dining, Metra trains, and O'Hare Airport, this turnkey three-flat combines lifestyle convenience with strong investment potential.
Listing courtesy of Gerard Scheffler, Home Gallery Realty Corp.