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$2,550,000
Est. payment /mo
UPDATED:
10/22/2024 02:58 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12166395
Year Built 1959
Annual Tax Amount $46,006
Tax Year 2023
Lot Dimensions 158X125
Property Description
Looking for a great investment opportunity? This 28-unit building in an excellent location is fully rented and offers strong rental income potential. The property consists of three well-maintained buildings, each featuring one-bedroom apartments of similar size and layout, making it easy to manage. Each tenant is responsible for their own electric utilities, keeping operating costs lower. The complex also includes a convenient on-site laundry room with coin-operated washers and dryers, providing an additional income stream. Ample parking is available at the rear of the building for tenant convenience. With a stable tenant base and high demand, this property is a smart choice for investors. Don't miss out on this rare opportunity to own a fully occupied, income-generating property!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Wall Sleeve, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Maria Castillo • RE/MAX MI CASA
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959