9118 Lincoln AVE Active

Brookfield,IL 60513

$ 500000

5 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12078160

Bedrooms 5

Year Built 1926

Annual Tax Amount $10,242

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 50 X 74 X 54 X 53

Property Description

Remodeled Hardwood Flooring in First Floor Unit and Freshly Painted!!! Considering investing in a Multi-Unit Brick property with the goal of generating Passive Income through rentals, and you're specifically interested in a Location that is close to Great Schools, has convenient access to transportation (such as Metra trains and buses), Highways (I290, I294, I55, I88), Restaurants (Nearby Secondary Business District), and Shopping Areas. Here are some key factors to consider: 1. **Location:** Proximity to schools, public transportation, and amenities can significantly increase the attractiveness of your property to potential renters. Research areas that offer a balance of these features. 2. **Property Type:** Brick multi-unit buildings can be a worthwhile investment due to their durability and lower maintenance needs compared to other types of construction. 3. **Rental Market Analysis:** Higher local rental prices and occupancy rates. Gas Forced Heat/2 Furnaces (2014), Water Heater (2014), A/C Condenser (2014), Great Passive Rental Income Potential or OWNER INVESTOR) ! A+ Prime Location, Less than 1/2 Mile from Grand Avenue & Prairie Avenue Restaurant/Bar/Metra Train Station, 1/2 Mile from Kiwanis Park having Baseball Field, Softball Fields, Basketball Courts, Playground and Amphitheater.

Location

State IL

County Cook

Area Brookfield

Rooms

Basement Full

Interior

Heating Natural Gas,Forced Air

Fireplace N

Exterior

Community Features Park,Tennis Court(s),Curbs,Sidewalks,Street Lights,Street Paved

Waterfront false

Parking Type Assigned,Off Street,Driveway

Building

Lot Description Fenced Yard,Irregular Lot

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Brook Park Elementary School

Middle Schools S E Gross Middle School

High Schools Riverside Brookfield Twp Senior

School District 95 ,95, 208

Others

Ownership Fee Simple

Special Listing Condition None

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