Seller's Agent in 2024
Daniel Richardson
Berkshire Hathaway HomeServices Starck Real Estate
(773) 682-9601
46 Total Sales
15
Beds
9
Baths
--
Sq Ft
0.62
Acres
Highlights
- Central Heating
- Clarence E Culver School Rated A-
- Baseboard Heating
About This Home
As of August 2024**Prime Investment Opportunity in Niles!** Welcome to your next savvy investment venture! Nestled in the heart of Niles, these three meticulously maintained 3-flat apartment buildings offer an unparalleled opportunity for seasoned investors and newcomers alike. All three buildings are solid, brick construction and contain well-appointed units that reflect pride of ownership. It's evident that these properties have been lovingly cared for and thoughtfully managed. Currently fully rented with stable leases in place, these buildings offer immediate cash flow and a solid return on investment. Tenants enjoy the convenience of well-maintained amenities, including ample parking, on-site laundry facilities, and peaceful outdoor spaces (a private park, without having to cross any streets). Located in the Niles West school district, residents benefit from easy access to local amenities, shopping centers, dining options, and public transportation, ensuring high demand and low vacancy rates. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a lucrative opportunity, this unique, three building package is the perfect addition to your real estate portfolio. Don't miss out on this rare chance to secure stable cash flow and long-term appreciation potential. Schedule your showing today and seize this investment gem!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475179477 Listed on: 05/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,357
Year Built
- Built in 1959
Lot Details
- 0.62 Acre Lot
- Additional Parcels
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
Bedrooms and Bathrooms
- 15 Bedrooms
- 9 Bathrooms
Utilities
- Window Unit Cooling System
- Central Heating
- Radiator
- Baseboard Heating
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $67
- Fuel Expense $492
- Insurance Expense $539
- Maintenance Expense $76
- Other Expense $62
- Trash Expense $43
- Water Sewer Expense $262
- Operating Expense $64,457
- Gross Income $119,400
- Net Operating Income $55,000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2024 08/09/24 | Sold | $1,500,000 | -16.6% | -- |
| 06/01/2024 06/01/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $1,799,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Daniel Richardson
-
Adela Rus
A
Buyer's Agent in 2024
Adela Rus
The McDonald Group
(708) 878-0503
47 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12049809
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