7403 W 71st St Bridgeview, IL 60455
Estimated payment $6,030/month
Highlights
- Corner Lot
- Argo Community High School Rated A-
- Central Heating
About This Home
Priced to sell fast! Highest and best offers only! Attention savvy investors! Multiple offers already received-we are now calling for your highest and best offers. Pre-approval required to submit offers and schedule showings. Discover an unparalleled investment opportunity with this fully remodeled five-unit apartment building in the highly desirable Bridgeview area. Offering a perfect blend of modern amenities, recent upgrades, and exceptional income potential, this property stands out for investors seeking consistent cash flow. The building includes four spacious one-bedroom units and one large three-bedroom, two-bath unit-all fully rented to quality tenants. Every unit is equipped with high-efficiency systems and energy-efficient appliances, including fridges, stoves, and wall-unit ACs, ensuring low operating costs and tenant satisfaction. LED lighting throughout the hallways, smoke and carbon monoxide detectors, and coin-operated laundry facilities (with growing revenue) make this building both safe and profitable. Major renovations include a new roof and gutters (5 years ago), new windows (6 years ago), a new water heater (2 years ago), and most appliances upgraded within the past year. Elegant pinewood trim adds durability and charm throughout. Separate gas and electric utilities allow tenants to manage their own usage, maximizing profitability. Situated in a prime location near schools, restaurants, gyms, Walmart, Pete's Market, SeatGeek Stadium, and more, this property ensures high demand year-round. This apartment building is not just an investment-it's a versatile, strategic asset designed for consistent income and future growth. Submit your highest and best offer before this rare opportunity is gone!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,150
Year Built
- Built in 1974
Lot Details
- 7,710 Sq Ft Lot
- Corner Lot
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,000 Sq Ft Home
- 3-Story Property
Utilities
- Window Unit Cooling System
- Central Heating
Community Details
Overview
- Association fees include parking, exterior maintenance, lawn care, snow removal
- 5 Units
Building Details
- Electric Expense $2,400
- Fuel Expense $2,500
- Insurance Expense $2,000
- Maintenance Expense $2,500
- Manager Expense $3,000
- Other Expense $1,300
- Trash Expense $1,200
- Water Sewer Expense $1,500
- Operating Expense $16,090
- Gross Income $96,575
- Net Operating Income $75,710
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 01/05/2025 01/05/25 | For Sale | $875,000 | -- | $175 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12260042
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