6212 N Sacramento Ave Chicago, IL 60659
West Ridge NeighborhoodEstimated payment $5,314/month
About This Home
This all brick, 6-unit building is an investor's dream! There are three front facing units and three rear facing units. All units consist of 2-bedroom, 1-bathroom units. Each unit is quaint and cozy with several large windows that welcome natural sunlight, a formal living room, a spacious kitchen, two large bedrooms with ample closet space and a bathroom. Additionally, each unit is on a forced air system for heat and each unit has window A/C units for air conditioning. Tenants are responsible for gas and electricity and each unit is individually metered. More importantly, all rents are currently underpriced and all tenants are on month-to-month leases. Right now, the average rental price is about $1,045 per month, which comes out to $75,300 in gross rental income per year. However, the true market rent is easily $1,650 per month, which comes out to $118,800 in gross rental income per year. In short, rents can easily be increased by 50% or more, which will easily add about $25,000 per year in gross rental income to your bottom-line. These units do need a cosmetic refresh and some mechanical work. In addition to all of that, the area is excellent, which translates into a very strong rental market and, hence, low vacancies. There have been many recent upgrades too; namely, the porch was built in 2012; the hot water tank is about 5 years old; two furnaces are about 2 years old; the roof was silver coated in 2022; and, a couple windows were replaced. This building is also nestled in between the Kennedy and the Lake, and it is minutes away from Target, Home Depot, Aldi, restaurants, parks, transportation and much more! This is also an as-is, where-is sale. A must see! A 10!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,906
Year Built
- Built in 1929
Lot Details
- 4,092 Sq Ft Lot
- Lot Dimensions are 33 x 123
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 5,913 Sq Ft Home
- 3-Story Property
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $300
- Fuel Expense $2,400
- Insurance Expense $4,136
- Trash Expense $1,716
- Water Sewer Expense $3,500
- Operating Expense $23,357
- Gross Income $75,300
- Net Operating Income $51,942
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2025 10/11/25 | For Sale | $840,000 | -- | $142 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12493688
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