6044 N Mozart Street, Chicago, IL, 60659

$900,000

0.19

Acres

About 6044 N Mozart Street

Exceptional Investment Opportunity - Legal 5-Unit Building on an Extra-Wide Lot! Don't miss this rare opportunity to own a legal 5-unit apartment building situated on an oversized 66' x 124' lot in the highly desirable West Ridge neighborhood, just steps from Mather Park and Mather High School. All five apartments are located above grade, providing bright and comfortable living spaces. The building also features a rear addition currently used as a coin-operated laundry room and storage area, offering potential to be converted into an additional unit or other income-producing space (subject to zoning and municipal approval). The expansive lot includes a 2-car garage, 4 additional exterior parking spaces, and a large backyard with plenty of room to add more parking for additional rental income (subject to municipal approval) or create a beautiful outdoor gathering area and garden. Unit Mix: Three east-side units featuring 2 bedrooms + den and 1.5 bathrooms, andTwo west-side units featuring 2 bedrooms and 1.5 bathrooms. Building Features & Updates: Unit 1W features forced-air HVAC. The remaining units are heated by a well-maintained radiator system with window air conditioning units.Six updated electrical panels. Newer Weil-McLain boiler. Two gas meters: one dedicated to Unit 1W and one serving the common areas/building. Utilities: Tenant in Unit 1W pays their own gas and electric. Tenants in the remaining units pay their own electricity for lighting and electric cooking, while heat is provided by the building. The property has been well maintained by the current owner and is occupied by long-term tenants with below-market rents, presenting an outstanding value-add opportunity. A new owner can renovate the units over time, increase rents to market levels, and significantly improve cash flow and long-term returns. Whether you're looking to expand your investment portfolio or acquire a stable, income-producing property with tremendous upside, this West Ridge multifamily building is an opportunity you won't want to miss!

Additional Information: This property is located in the CHI - West Ridge neighborhood, IL. This bedrooms multi family 5+ property is priced at $900,000.

Facts & Features

MLS® # 12690087
Price $900,000
Bathrooms 0.00
Taxes $16,073
Acres 0.19
Year Built 1949
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 6044 N Mozart Street
Area CHI - West Ridge
City Chicago
County Cook
State IL
Zip Code 60659

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 32
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $16,073

Listing Details

OfficeReal People Realty

Listing Map

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