Description
Great Investment Opportunity for a four (4) unit in Elmhurst school district. It's a very well maintained building generating annual income of $66,360.00 for great cash flow. Currently underpriced/below market rents, great opportunity to grow. $31,000 of renovations done in 2023, two of the four units were remodeled. Remodeled kitchens in 2017, unit 2 received new air conditioner compressor in 2017, new boiler 2015, not hot water heater 2021, updated baths with new vanities, tuck points, new windows. Has a newer roof, newer sump pump. Big garage, half of it rented out for $200 the other half can still be rented to increase income. Laundry room attached in basement, currently not coin operated but already has quarter dispenser if new owner wants to change. Low taxes with long term tenants, close to shopping, schools, metra, bus and expressways. Priced to sell quickly. Listing broker is related to the seller.
-
7BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Great Investment Opportunity for a four (4) unit in Elmhurst school district. It's a very well maintained building generating annual income of $66,360.00 for great cash flow. Currently underpriced/below market rents, great opportunity to grow. $31,000 of renovations done in 2023, two of the four units were remodeled. Remodeled kitchens in 2017, unit 2 received new air conditioner compressor in 2017, new boiler 2015, not hot water heater 2021, updated baths with new vanities, tuck points, new windows. Has a newer roof, newer sump pump. Big garage, half of it rented out for $200 the other half can still be rented to increase income. Laundry room attached in basement, currently not coin operated but already has quarter dispenser if new owner wants to change. Low taxes with long term tenants, close to shopping, schools, metra, bus and expressways. Priced to sell quickly. Listing broker is related to the seller.
© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty.
Based on information submitted to the MRED as of 2023-04-01T07:05:13.677 UTC. All data is obtained from various 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.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Digital Millennium Copyright Act