$700,000
$775,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/23/2023
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11807089
Sold Date 08/23/23
Year Built 1976
Annual Tax Amount $9,732
Tax Year 2021
Lot Dimensions LESS THAN .25 ACRES
Property Sub-Type Multi Family 5+
Property Description
Quality, stabilized brick 6-unit building in Crest Hill, IL. The building features 3 levels of apartments with (5) 2-beds and (1) 1-bed and is all electric meaning lower operating expenses versus other comparable builds. In addition to being well maintained, the roof and windows have been replaced within the past 7 years and the units are in solid, rental grade condition. The property contains 12 parking spaces. Gross income is currently at a healthy $79,200 per year however Crest Hill's rents have been soaring in recent years allowing gross rents to come up to a market rent exceeding $94,000.
Location
State IL
County Will
Area Crest Hill
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Joseph Batliner • Citypoint Illinois LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "