Sold for $397,500 on 7/16/21
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 9 |
— |
1980 |
— |
0 |
$12,404 |
1069 days |
Fully updated & fully leased brick 4-unit offered @ 9% cap rate! Four 2bd/1ba units and one 3bd/1ba unit, all rented on 12-month leases with fantastic tenants. All units have eat-in kitchen and their own furnace, A/C, water heater, 125amp electric panel, and electric bill (including heat). Upper units have large balconies. Big-ticket capital improvements are all done - tear-off roof and gutters done in 2021, new windows throughout in 2015, tuckpointing 2013; kitchens, bathrooms, flooring, and some mechanicals have been updated in the past 10 years, and parking lot is in great shape. Additional income from coin-op laundry on 1st floor. Comcast security cameras inside and out. All municipal inspections are up to date. Building is in a highly rentable location, less than one mile to Metra station, 3 miles to I-57, 1 mile to shopping and restaurants along Route 30, and very close to elementary, middle, and high schools. Save THOUSANDS in upfront costs with special financing; inquire for details!
Listing courtesy of Diamond Rock Partners LLC
4020 216th St. is a multi-unit home built in 1980, and is located in Matteson, IL in the Lincoln Terrace subdivision. It has 9 bedrooms and — bathrooms, and has annual property taxes of $12,404. This home goes to Sauk Elementary School, Illinois School, and Rich Central Campus High School.
Lincoln Terrace
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Subdivision
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Matteson
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Marco Amidei
(888) 32-Marco (847) 630-4886
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