6200 S Harlem Avenue, Summit, IL

$700,000

Overview

  • 282442
  • Property ID
  • Updated On:
  • April 29, 2026

Description

Turnkey 6-unit investment opportunity in Summit Argo! This well-maintained multi-family building features five 1BD/1BA units and one spacious 2BD/1BA unit, with 5 of 6 units currently occupied by long-term, month-to-month tenants – no lease headaches, just steady income from day one. The sellers have taken pride in maintaining the building. Investors will love the no-fuss layout – no interior stairwell to maintain – plus an on-site coin laundry room for added convenience and additional income potential. A private rear parking lot adds everyday ease for tenants and long-term appeal for the next owner. One unit is vacant and ready for an owner-occupant or to be leased at market rate immediately. Current rents are all far below market value. A rare chance to step into a stabilized asset with reliable tenants and room to grow. Don’t miss it!

Climate Control
Air Conditioning
Other Features
Has Additional Parcels
Wall Sleeve

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$3,589.04
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,714.04

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Information for the property at 6200 S Harlem Avenue, Summit, IL, 60501 (Property ID: 282442) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi