



Description
Amazing investment opportunity for this 6-unit rental building. It has spacious 3 units with 2 Bed/ 1 bath and 3 units with - 1 Bed/ 1 bath. Perfectly located on a quiet residential street, close to Metra Station and stores. Great opportunity for an investor with lots of rental comps in the area starting at $1,000 for 1 Bed/ 1 Bath (new development starting at $1,600) and $1,400 for 2 bed/ 1 Bath (new development starting at $2,100). Most units have updated bathrooms, HW floors, newer range/ fridge and window AC units; boiler (2019). 2 bedroom/ 1 bathroom unit on the second floor has been fully updated, kitchen and bath (2019) featuring custom cabinets, SS appliances, granite counters and hardwood flooring. Coin laundry provides an additional income. Parking is located in the back for each unit and plenty of street parking. Private fenced yard with patio. Majority of the units are rented to a long time renters. Seller is currently renegotiating several leasing agreements and projects $7,500 per month in rental income ($90,000 in annual rental income). Property taxes have been appealed and lowered.This property is perfect for an owner or investment property, offering everything you need for comfortable living. This is a true gem and won't last long on the market.
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4 Beds
4 Baths
2,448 Sq ft
$429,900
MLS# MRD11784285
ACTIVE

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office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 28th May, 2023 10:45 PM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 28th May, 2023 10:45 PM (UTC)
Attribution contact: 773-482-1917
Listing Office: Compass