Sold for $825,000 on 12/10/21
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
— |
— |
1973 |
— |
0 |
$18,404 |
1399 days |
Excellent investment opportunity! This turn-key 6-unit property has been upgraded and very well maintained to make it an ideal asset to manage with gross income over $86,000. Two ranch-style 3 bd / 2 full bath units ($1400 and $1400) on the first floor and four 2 bd / 1 bath units ($1250, $1100, $1015, $960) on the second floor. Very easy-to-rent area of Brookfield located close to expressways and major roads, public transportation and more. Long-term tenants with many rents way below-market. Current owners have updated boiler pumps and some plumbing, the roof, oversized commercial water heater, repaved parking lot and driveway, and updated some interiors of apartments, common areas, and many appliances. Interior hallway with security doors to exterior. Two sets of fully owned coin-op washers and dryers will be conveyed in the sale. Storage units for each tenant and additional storage closets for owners. With a location in highly rated Lyons Township High School district and just a few blocks to the elementary school, these apartments have been a dream to rent out. Super clean and ready to be someone's favorite new investment. One apartment upgraded with luxury vinyl plank flooring and five apartments with carpet and tile. Building is fully occupied - interior pictures are from when these units were temporarily vacant. Owner is a licensed broker in the state of Illinois.
Listing courtesy of Compass
4608 Grove Ave. is a multi-unit home built in 1973, and is located in Brookfield, IL. It has 0 bedrooms and — bathrooms, and has annual property taxes of $18,404.
Marco Amidei
(888) 32-Marco (847) 630-4886
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