Pending price: $205,000
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
8 |
— |
1961 |
— |
2 |
$8,497 |
12 days |
Turn-Key Investment Opportunity - Solid 3-Unit Brick Building with Immediate Cash Flow Potential Investors, take notice! This well-maintained three-unit brick building presents a fantastic opportunity to own a cash-flowing asset in a neighborhood surrounded by other well-kept multi-units. The first and second floors feature identical spacious 3-bedroom layouts, each with a large eat-in kitchen, fresh paint, new carpet, updated kitchen appliances, and modern bathroom fixtures-perfectly move-in ready for renters. The garden unit, designed as a 2-bedroom, 1-bath, is near completion-framing and plumbing are done, and electrical work is nearly finished. With minimal investment, you can unlock a third income-producing unit and boost your ROI. Additional income stream from coin-operated laundry on-site, generating approximately $200/month, which currently covers the water bill. Recent capital improvements include: New windows (~2020) New roof on both building and garage (~2023) Individually metered furnaces and hot water heaters (~2023) - Tenants pay their own electric and gas! 2-car garage for added rental income potential This property is also Section 8 approved, offering rent stability and reduced vacancy risk. Whether you're looking for owner-occupancy with supplemental income or want to rent out all three units, this is a smart, low-maintenance addition to any portfolio. Located with easy access to expressways and toll roads, making it attractive to commuters and tenants alike. Everything has been thoughtfully upgraded-your only job is to collect the cash flow. Don't miss out on this high-performing investment. Schedule your showing today!
Listing courtesy of eXp Realty
14526 Loomis Ave. is a multi-unit home built in 1961, and is located in Harvey, IL. It has 8 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $8,497.
Marco Amidei
(888) 32-Marco (847) 630-4886
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