$597,500
$625,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
7,440 SqFt
SOLD DATE : 11/14/2019
Key Details
Sold Price $597,500
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,440 sqft
Price per Sqft $80
MLS Listing ID 10437487
Sold Date 11/14/19
Maintenance Fees $759
Year Built 1978
Annual Tax Amount $13,349
Tax Year 2018
Lot Dimensions 102X134
Property Sub-Type Multi Family 5+
Property Description
Triton Realty Group is pleased to present a free standing brick 6 unit building located in Darien IL. This brick 1978 construction building has been owned by the same owner for the last 30+ years and provides a great value-add opportunity. All two bedroom units throughout, approx 1,000 SF each. Includes a parking lot with 12 spaces, individual storage units, and washer & dryer on-site. With currently below market rents, this property allows a new owner to raise rents over 25% to the market rate and achieve a pro forma cap rate of 7.5%. Upper units each have two balconies. No association. Hinsdale South school district. Easy access to I-55. Contact agent for full offering memorandum.
Location
State IL
County Du Page
Area Darien
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 3
Structure Type Brick
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Bought with Maria Homenda • RE/MAX 10
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "