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$ 850,000
Est. payment | /mo
4,914 SqFt
$ 850,000
Est. payment | /mo
4,914 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,914 sqft
Price per Sqft $172
MLS Listing ID 12154971
Maintenance Fees $2,300
Year Built 1970
Annual Tax Amount $19,731
Tax Year 2023
Lot Dimensions 50X100
Property Description
Solid O'Connor Drive investment opportunity. All masonry 6-unit rental building with 6+ CAP RATE located in River Grove within walking distance to River Grove Metra, shopping & restaurants. Solid "workforce" 6 unit -- three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Current monthly rental income is $7150. Rents are below market. Property will be sold AS-IS. Tear off roof 2006 & aluminum coating 2023, boiler replaced 2008 with wifi sensors, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O'Hare Airport is six miles northwest.
Location
State IL
County Cook
Area River Grove
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by David Gullo • Gullo & Associates
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Sanjay Marathe
REALTOR® | Lic# 475168373