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7408 W 58th Street Summit, IL 60501

$799,000

Contingent / MLS# 12750215 / Multi Unit - Multiple / Summit

0 Beds

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.

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Property Details

Property Type: Multi Unit - Multiple

Cooling: Window Unit(s)

Lot Size: 0.12 Acres

Roof Type: Composition

Stories: 2.0

Taxes: $14,335

Year Built: 1966

Feature Descriptions

Current Use: Multi-Family

Electric: Circuit Breakers, Separate Meters

Exterior: Brick

Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)

Foundation: Concrete Perimeter

HVAC: Baseboard

Lot Dimensions: 43X125

Parcel#: 18132200570000

Parking: 1-5 Spaces

Tenant Pays: Electricity

Units: 6

Location

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Disclaimer

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/29/2026. The listing information on this page last changed on 09/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/29/2026 12:12:01 AM EST) or MRED MLS (last updated Tue 09/29/2026 12:09:07 AM EST) or NIRA MLS (last updated Mon 09/28/2026 11:04:47 PM EST) or METROMLS (last updated Tue 09/29/2026 12:09:28 AM EST) or Miami MLS (last updated Tue 09/29/2026 12:08:45 AM EST) or Stellar MLS (last updated Mon 09/28/2026 11:54:50 PM EST) or SPC MLS (last updated Mon 09/28/2026 11:20:18 PM EST) or Emerald Coast MLS (last updated Tue 09/29/2026 12:05:22 AM EST) or Fort Myers (last updated Mon 09/28/2026 11:04:28 PM EST) or Beaches MLS (last updated Mon 09/28/2026 5:19:06 PM EST) or Naples MLS (last updated Mon 09/28/2026 11:40:18 PM EST) or Bonita Springs MLS (last updated Mon 09/28/2026 11:02:21 PM EST). Real estate listings held by brokerage firms other than Baird & Warner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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