- Status Sold
- Sale Price $495,000
- Bed 8 Beds
- Bath Not provided
- Location West Chicago
This investment opportunity presents a well-maintained all-brick 4-flat building generating $60k in annual rental income from Section-8 tenants. Each of the four 2-bedroom, 1-bathroom units includes a separate basement for tenant storage and washer/dryer hookups. With low property taxes and tenants responsible for utilities, the property offers immediate returns and long-term growth potential. It's turnkey, suitable for investors at any experience level. FHA loan potential for owner occupied investor with 3.5% down payment.
General Info
- List Price $499,000
- Sale Price $495,000
- Bed 8 Beds
- Bath Not provided
- Taxes $2,674
- Market Time 85 days
- Year Built 1964
- Square Feet Not provided
- Assessments Not provided
- Assessments Include Not provided
- Listed by
- Source MRED as distributed by MLS GRID
Rooms
- Total Rooms 16
- Bedrooms 8 Beds
- Bathrooms Not provided
Features
- Heat Gas
- Air Conditioning Not provided
- Appliances Not provided
- Amenities Street Lights, Street Paved
- Parking Space/s
- Age 51-60 Years
- Exterior Brick