1636 S Mannheim Rd., Westchester, IL 60154

1636 S Mannheim Rd., Westchester, IL 60154
Photo 1 of 26
$524,000
Sold on 2/12/24
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $9,110.58 1970
On the market: 48 days
View full details, 15 photos, school info, and price history
Welcome to a prime investment opportunity in Westchester, IL! This charming 3-unit brick building boasts a full finished basement and six dedicated parking spaces at the rear, providing convenience for residents. The sizable units are a standout feature of this property. The first and second-floor residences each offer three bedrooms and 1.5 baths, and they are currently leased, ensuring a steady income stream. These units have recently undergone updates, including hardwood floors, new window air conditioners, spacious kitchens, and dining areas, enhancing the overall appeal. The garden unit, recently renovated with a new kitchen and appliances, presents an attractive and modern space for potential tenants. Currently vacant, this unit is ready for a new owner to either rent it out for additional income or move in and enjoy living rent-free. Residents will appreciate the comfort and style of these well-maintained living spaces. Location is key, and this property is strategically situated near the library, schools, expressways, and the Oak Brook shopping center. It's an ideal location for tenants seeking both convenience and accessibility. Investors will find this property particularly attractive, considering the current lease agreements and the potential for increased income. Take note of the coin laundry facility located in a separate section of the basement, providing an additional income stream for savvy investors. Recent updates, such as a new wooden fence and a new GFA furnace in the basement, 2nd floor unit was updated with refinished hardwood floors in all the rooms, and tiled flooring in the kitchen that contribute to the property's overall appeal and value. Don't miss out on this fantastic investment opportunity. Schedule your appointment today to explore the potential of this Legal 3-unit rental building in Westchester, IL. The City of Westchester compliance certificate can be found in "Additional information", there are no repairs required by the City.
Listing courtesy of Juan Garcia, HomeSmart Realty Group