Property Attributes
- MLS#12042011
- TypeMulti-Family
- CountyCOOK
- CityRosemont
- AreaRosemont
- Zip60018
- StyleMulti-Family
- Year Built1967
- Taxes$ 17812
- Price$ 925,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5292
- Lot Size5,663 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Nestled in the heart of the coveted Rosemont neighborhood, this property presents a rare opportunity to own a six-unit brick flat, with full occupancy and a steady stream of rental income. Despite its prime location, rental rates are low, offering the potential for significant upside in income generation. Moreover, with tenants responsible for their own heat expenses, operational costs are minimized, maximizing profitability. Convenience is key with an on-site laundry room, providing added value and convenience for tenants. Additionally, the presence of six dedicated parking spaces ensures hassle-free parking for residents. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking to capitalize on the thriving rental market, this offering is not to be missed.
Price History | |
---|---|
5/1/2024 | Listed $925,000 |
General Features
Cooling | Wall Sleeve |
---|---|
Utilities | Sanitary Sewer |
Possession | Closing |
Roof | Membrane |
Zoning | MULTI |
Construction Materials | Brick |
Year Built | 1967 |
Electric | Circuit Breakers |
Tenant Pays | Electricity,Heat,Hot Water |
Stories | 3 |
Township | Leyden |
Tax Year | 2022 |
Current Use | Multi-Family |
Gross Income | 71040 |
County | Cook |
Net Operating Income | 47529 |
Operating Expense | 24511 |
Insurance Expense | 2859 |
Property Type | Commercial Sale |
MaintenanceExpense | 500 |
Possible Use | Condominium,Multi-Family |
Status | Active |
Directions | Near the corner of Higgins and River Road |
City | Rosemont |
Total Units | 6 |
MLS Area | Rosemont |
Lot Size Square Feet | 6000 |
Street Name | Maple |
Tax Annual Amount | 17812 |
Electric Expense | 418 |
Trash Expense | 1003 |
Water Sewer Expense | 1819 |
Additional Parcels Y/N | No |
Days on Market | 7 |
Standard Status | Active |
Property Type | Multi Family 5+ |
Interior Features
Street Suffix | Drive |
---|---|
Basement | Finished |
Exterior Features
Foundation Details | Concrete Perimeter |
---|---|
Building Area Total | 5292 |
Lot Dimensions | 50 X 120 |
Lot Size Acres | 0.13 |
Frontage Type | Frontage Road |
Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool