
Seller's Agent in 2024
Svitlana Creadon
Compass
(773) 225-9027
2 in this area
69 Total Sales
Amazing investment opportunity! This all masonry 6-unit rental building is located in the highly coveted neighborhood of River Grove. It has spacious 3 units with 2 Bed/ 1 bath and 3 units with - 1 Bed/ 1 bath. Perfectly located on a quiet residential street, close to Metra Station and stores. Great opportunity for an investor with lots of rental comps in the area starting at $1,100 for 1 Bed/ 1 Bath (new development starting at $1,600) and $1,350 for 2 bed/ 1 Bath (new development starting at $2,100). Windows were replaced 01/2018. Roof was replaced 6/2022. Coin laundry provides an additional income (approximately $350-$400 per month). 4-car garage parking (projected $150 per month rent) with plenty of storage space and lots of street parking. Private fenced yard with patio. Majority of the units are rented to a long time renters for a below market price (1 bed/ 1bath at $975- $1,200 and 2 bed/ 1bath - $1,000-$1,225). Current rental income is $6,600; after some TLC projects $9,300- $10,150 per month in rental income (over $120,000 in annual rental income). This property is perfect for an owner or investment property, offering everything you need for comfortable living. This is a true gem and won't last long on the market.
Home Type
Multi-Family
Year Built
1969
Lot Details
0
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/28/2024 03/28/24 | Sold | $870,000 | -2.8% | $177 / Sq Ft |
02/01/2024 02/01/24 | Pending | -- | -- | -- |
12/14/2023 12/14/23 | For Sale | $895,000 | -- | $182 / Sq Ft |
Seller's Agent in 2024
Svitlana Creadon
Compass
(773) 225-9027
2 in this area
69 Total Sales
Buyer's Agent in 2024
Oleg Baliuk
KOMAR
(312) 900-9797
6 in this area
214 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11946938