CASH COW WITH POSSIBLE RENT INCREASES TOO!! 5 UNIT LARGE SOLID BRICK TOWNHOUSE BUILDING REMODELED 2016. NEW ROOF IN 2020. FOUR 3-BEDROOMS AND ONE LARGE 2-BEDROOM UNIT ALL WITH FINISHED BASEMENTS, 2 FULL BATHS, FENCED BACK & FRONT YARD, ASSIGNED PARKING SPACES. NEWER APPLIANCES INCLUDING WASHER AND DRYER IN EACH UNIT. EACH UNIT HAS OWN METER FOR THE UTILITIES. UPGRADED ELECTRIC AND PLUMBING. NEWER CENTRAL AIR. INSPECTED AND UP TO CODE WITH CITY. NEW DRAIN TILE ON ALL BASEMENT AND NEW SUMP PUMPS, NEW WINDOWS INCLUDING NEW UP TO CODE BASEMENT EGRESS WINDOW ON ALL UNITS. GREAT CAP RATE. LOT TO THE NORTH & SOUTH ARE BOTH INCLUDED. TOTAL 7 PINS. CERTIFIED SECTION 8. INCREASE RENT TO 2024 HUD APPROVED RENT FOR SECTION 8 ($1820 FOR 3 BEDS, $1430 FOR 2 BEDS = TOTAL MONTHLY POTENTIAL INCOME OF $8,710) - SEE ATTACHED FROM HUD USER. SELLER REQUESTS FLEXIBLE CLOSING WITH 1031 EXCHANGE.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $587,000 | $78 | Blue Fence Real Estate Inc. | |
Listed For Sale | $587,000 | $78 | Blue Fence Real Estate Inc. |
Middle School Novak - King Sixth Grade Center | 0.1 miles away | 06 - 06 | |
High School North Chicago Community High School | 0.4 miles away | 09 - 12 | |
Middle School Neal Math Science Academy | 0.6 miles away | 07 - 08 |