Address
2316 N HARLEM Avenue, Elmwood Park, IL
Price
$ 1,100,000
Property Attributes
  • MLS#12030506
  • TypeContingent
  • CountyCOOK
  • CityElmwood Park
  • AreaElmwood Park
  • Zip60707
  • Style
  • Year Built1963
  • Taxes$ 15479
  • Price$ 1,100,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

ELMWOOD PARK FINEST CONSTRUCTION AT THIS NINE UNIT INVESTMENT OPPORTUNITY. THIS CUSTOM BUILT ALL BRICK CONSTRUCTION FEATURES COURTYARD, GREEN SPACE, AND HIGH QUALITY OVERSIZED UNITS. THERE ARE FIVE 2 BEDROOM UNITS PLUS FOUR 1 BEDROOM UNITS. THIS IS A TRUE THREE STORY BUILDING WITH GROUND LEVEL FIRST FLOOR UNITS (NO GARDENS). METICULOUSLY MAINTAINED BY THE LONG TERM OWNERS. THE BELOW MARKET RENTS ARE ALL MONTH TO MONTH TENANCIES. IDEAL LOCATION WITH AMENITIES NEARBY INCLUDING STREET AND PUBLIC PARKING, GROCERY AND SHOPS, PUBLIC TRANSPORTATION-BUS AND METRA.

Price History
4/18/2024 Listed $1,100,000

General Features

Zoning MULTI
Year Built 1963
Tenant Pays Electricity
Stories 3
Township Leyden
Tax Year 2022
Gross Income 90300
County Cook
Net Operating Income 44726
Operating Expense 45574
Insurance Expense 5982
Property Type Commercial Sale
Contingency Attorney/Inspection
MaintenanceExpense 3825
Status Contingent
Directions ON HARLEM,SOUTH OF FULLERTON
City Elmwood Park
Total Units 9
MLS Area Elmwood Park
Street Name HARLEM
Tax Annual Amount 15479
Trash Expense 2243
Additional Parcels Y/N No
Days on Market 18
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 50 X 125
Frontage Type City Street

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

Property vs Contingent Average in 60707

Price
AVG $320K
$1.1M
Taxes
AVG $5,276
$15,479
Visits
AVG 101
106
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1963

Areas We Cover