6-Unit Apartment
For Sale
$700,000
6200 South Harlem Avenue, Summit-Argo, IL 60501
Well-maintained multifamily property with on-site laundry, rear parking, and a mix of one- and two-bedroom residences.
Property SizeContact for details
Days on Market139
Property Features for 6200 South Harlem Avenue
General Information
Standard status
Active
Property subtype
Multi Family 5+ / Corridor-Exterior Entrance
Occupancy
83%
Net Operating Income
$49,200
Units
Unit Mix
5 x 1BD/1BA, 1 x 2BD/1BA
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$10,750
Amenities
on-site coin laundry room
private rear parking lot
Building Details
Year Built
1961
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
eXp Realty
(773) 577-4297
Listed By:
Ewelina Siuta · License #475178280
(773) 577-4297
Source:
Compass
Added: Apr 15
Changed: Aug 30
Last Checked: Aug 30 at 5:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This 1961 multifamily building contains six apartments: five one-bedroom, one-bath units and one larger two-bedroom, one-bath unit. The property has no interior stairwell, and an on-site coin laundry room serves residents. A private parking area is located behind the building.
Five apartments are occupied by month-to-month tenants, while one unit is vacant and available for immediate leasing or owner occupancy. The property is located at 6200 South Harlem Avenue in Summit Argo, Illinois, with the 60501 ZIP code.
Five apartments are occupied by month-to-month tenants, while one unit is vacant and available for immediate leasing or owner occupancy. The property is located at 6200 South Harlem Avenue in Summit Argo, Illinois, with the 60501 ZIP code.
Key Highlights
- Six apartments: five 1BD/1BA units and one 2BD/1BA unit
- Five of 6 units occupied by long‑term, month‑to‑month tenants
- One vacant unit available for leasing or owner occupancy
Property Analytics
Current Use
Lease Details
6
Residential units
83.3%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 60501, IL
11,746
Population
4,134
Households
2.8
Avg Household Size
34
Median Age
13%
College-Educated
69%
High-School Grad
4.4 sq mi
ZIP Area
2,670
Density / Sq Mi
$62,110
Median Household Income
$34,728
Median Earnings
$1,017
Median Rent
$227,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily property with on-site laundry, rear parking, and a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 6200 South Harlem Avenue Summit-Argo, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Six apartments: five 1BD/1BA units and one 2BD/1BA unit; Five of 6 units occupied by long‑term, month‑to‑month tenants; One vacant unit available for leasing or owner occupancy
