
Seller's Agent in 2024
sarit levine
Altogether Realty Corporation
(773) 749-9522
2 in this area
5 Total Sales
Welcome to a lucrative investment opportunity nestled in the heart of Melrose Park, where prime real estate meets exceptional potential. This investment gem sits within close proximity to shopping centers, central highways, schools, parks, and public transportation. Its strategic location not only enhances its desirability for tenants and investors alike but also presents long-term appreciation in property value. A well-maintained 4-unit brick building comprises of three spacious single-bedroom apartments and one large 2-bedroom unit. Apartments are all in excellent condition with some recent undergone renovations. A Large laundry room with coin operated washer and dryer and additional storage for each apartment is on site. There are 6 parking spots for the tenant's use, as well as newer roof and gutters (2017), new fire-resistant doors and newer water heater. All units are currently occupied by long-term tenants and the rent amount is below the current market value. With brought up to market value rent, the capitalization rate is above 6%. This property offers investors a rare opportunity for substantial returns on their investment in today's flourishing market. Whether you're an experienced investor seeking to diversify your portfolio or a newcomer looking to capitalize on the real estate market's potential. Look no further because this opportunity combined with a very strong rental market demand grants both immediate return on investment and long-term growth. One of the owners is a licensed real estate agent and occupies one apartment.
Last Agent to Sell the Property
Altogether Realty Corporation License #475186411 Listed on: 04/02/2024
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2024 06/26/24 | Sold | $574,000 | 0.0% | -- |
05/03/2024 05/03/24 | Pending | -- | -- | -- |
04/26/2024 04/26/24 | Price Changed | $574,000 | -11.6% | -- |
04/02/2024 04/02/24 | For Sale | $649,000 | +16.9% | -- |
03/12/2018 03/12/18 | Sold | $555,000 | -10.5% | -- |
02/02/2018 02/02/18 | Pending | -- | -- | -- |
01/09/2018 01/09/18 | Price Changed | $619,900 | -3.1% | -- |
12/20/2017 12/20/17 | For Sale | $639,900 | -- | -- |
Seller's Agent in 2024
sarit levine
Altogether Realty Corporation
(773) 749-9522
2 in this area
5 Total Sales
Buyer's Agent in 2024
Anita Ortega
eXp Realty
(708) 970-4835
1 in this area
18 Total Sales
R
Seller's Agent in 2018
Richard Dawidiuk
REMAX Legends
(773) 726-8400
26 Total Sales
Buyer's Agent in 2018
Fermin Perez
Century 21 Circle
(630) 258-7708
97 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12017190