$1,315,000
$1,450,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 09/15/2022
Key Details
Sold Price $1,315,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11490391
Sold Date 09/15/22
Maintenance Fees $9,240
Year Built 1960
Annual Tax Amount $30,060
Tax Year 2021
Lot Size 10,890 Sqft
Lot Dimensions 100X110
Property Sub-Type Multi Family 5+
Property Description
CLOSED BEFORE PROCESSING 17 unit apartment building in the heart of downtown West Chicago. Walk to train, library, Prairie Path, Reed Kepler Park and community pool. Roof - 1 year old. All electric & plumbing has been replaced in the building in the last 18 months. There are fifteen 1 BR units / one 3 BR unit / one 4 BR unit. 11 of the 17 units are economically occupied. There are 3 units to finish, with 2 being finished within the next 30 days. This is a great opportunity @ $85,300 per unit, with a proforma 7.07 cape rate.
Location
State IL
County Du Page
Area West Chicago
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Level or Stories 2
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Bought with Lance Kammes • RE/MAX Suburban
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "