Sold for $630,000 on 10/04/24
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
6 |
— |
1950 |
— |
0 |
$11,767 |
290 days |
Nestled in East Highland Park, minutes from downtown Highland Park and Highwood, this fully remodeled townhome-style duplex presents a compelling investment opportunity. There are two 3 bed/2 bath units (2,800 sq ft total), separately metered, producing $68,100 in rent/year, with a cap rate of ~7.0%. Both units feature remodeled kitchens and bathrooms, new Anderson bedroom windows and refinished hardwood flooring. Each unit has a separate parking lot, with its own carport. The building has a brand-new roof, modern fencing, and an elegant landscape design. The first unit rents for $2,725, lease ending May 31, 2025, while the second rents for $2,950.00 with the same lease end date. Tenants pay all utilities, the owner pays landscaping, water/sewer and snow removal. If you're looking to acquire a mini portfolio, consider buying this along with another 3 units (~7% cap rate) in neighboring Highwood (see MLS#: 12124587)
Listing courtesy of Berg Properties
533 Skokie Ave. is a multi-unit home built in 1950, and is located in Highland Park, IL in the Exmoor subdivision. It has 6 bedrooms and — bathrooms, and has annual property taxes of $11,767.
Exmoor
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Subdivision
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Highland Park
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City
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Marco Amidei
(888) 32-Marco (847) 630-4886
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