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$ 1,410,000
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Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12215951
Year Built 1968
Annual Tax Amount $37,691
Tax Year 2023
Lot Dimensions 86X80
Property Description
Exceptional Investment Opportunity: Multi-Family 10-Unit Apartment Building, Originally a 12-unit property, this building has been thoughtfully reconfigured into a 10-unit complex, with two of the units expanded and duplexed into the Lower-Level. This fully occupied, turnkey investment boasts a solid 8 cap rate and a possibility of 9+ with market rents. Each unit is independently metered, featuring in-unit washer and dryer, central heating, and tenant-paid utilities (excluding water and garbage paid by landlord). The building is fully rented with reliable tenants (No pending Evictions), providing immediate, hassle-free income. Detailed profit and loss statements are available in the additional fields, Don't miss this prime investment opportunity!
Location
State IL
County Cook
Area Worth
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Sanitary Sewer, Water-Community, Water-Municipal, Water to Site, Cable Available
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick,Concrete
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kamil Nowakowski • United Real Estate Elite
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "