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Key Details
Sold Price $415,100
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11007746
Sold Date 05/26/21
Year Built 1926
Annual Tax Amount $8,470
Tax Year 2019
Lot Size 5,662 Sqft
Lot Dimensions 106X107
Property Sub-Type Multi Family 5+
Property Description
Legal cash flowing 5 flat. 4 of 5 units have been remodeled in the last 2 years. Building is fully leased with wonderful tenants, rent is always collected on time. Brand new electric throughout the building worth 20k completed 2020. There are two 2 bedroom, two 1 bedroom, and one 3 bedroom units. 3 bedroom unit has private yard that leads to 2 car garage. Each unit has dedicated parking spaces around the building. Current monthly income is $4850 plus additional income from coin operated shared laundry room. All rents are below current market rates, and can be increased. This is a turn key investment. Detailed financials can be shared with serious buyers.
Location
State IL
County Cook
Area Lyons
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Roof Type Other
Building
Level or Stories 2
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Bought with Marcelo Damian • RE/MAX MI CASA