Bought with Michael Scanlon • eXp Realty, LLC
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Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11135753
Sold Date 08/04/21
Bedrooms 8
Year Built 1964
Annual Tax Amount $8,824
Tax Year 2019
Lot Size 7,840 Sqft
Lot Dimensions 45.75 X 140
Property Sub-Type Two to Four Units
Property Description
Great investment, turn key property, in a great location surrounded by green space and public park. High cash flow/ROI. Fully occupied building, with long term, loyal tenants. All units were rehabbed in 2013, with granite counters and stainless steel appliances. Very rare 4-flat building with CENTRAL HEAT/AIR, as well as a FIRE SUPPRESSION system! Very low overhead. Tenants pay for their own gas and electric. Laundry on site, equipment owned for additional income. NOT in flood zone. Finished basements. Storage on site. Potential for increase in rents. All leases have been renewed through June 2022. 7 parking spaces included (could possibly make into 8). Live-in Manager willing to continue maintaining buildings if desired by new owner. Highly desirable apartments, great location across from Green Oaks park. Showings available with 48 hr+ notice, serious buyers please, as all units are tenant occupied. One unit plus basement/laundry/storage area will be made available for showing, others viewable upon contract acceptance/inspection. Contact listing agent for more info! March actual Monthly expenses include: $21.69 gas / $38.77 electric / Water-sewer-trash $380 / Yearly insurance = $1,551
Location
State IL
County Du Page
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer, Sewer-Storm
Water Public
New Construction false
Schools
Elementary Schools Army Trail Elementary School
Middle Schools Indian Trail Junior High School
High Schools Addison Trail High School
School District 4, 4, 88
Others
Ownership Fee Simple
Special Listing Condition None
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Michael Scanlon
Team leader | License ID: 475.188240
Team leader License ID: 475.188240