Sold for $265,000 on 10/07/24
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 9 |
— |
1929 |
— |
3 |
$13,325 |
285 days |
PHENOMENAL 3-UNIT BRICK BUILDING W/SEPARATE UTILITIES. APPLIANCES IN EACH UNIT. RUBBER ROOF, WELL MAINTAINED MULTI-UNIT. IN 2021 - UNIT #3: NEW A/C AND PAINTING, IN 2022 - ALL UNITS UPDATED W/NEW REFRIDGERATORS, IN 2023 - NEW WATER TANK HEATERS INSTALLED IN UNITS #1 & 2, NEW FURNACE INSTALLED IN UNIT #3. HACC INSPECTIONS ARE MODERATE & ACED EASILY WHEREAS THERE IS ZERO RISK OF RENT LOSS DUE TO MAINTENANCE ISSUES AND/OR FAILED INSPECTIONS. FORECASTED RENTAL INCOME TO INCREASE ABOVE $3,800/mo. OR $45,000/yr. BASED ON THE ASSESSMENT RE. HACC RENT INCREASE ANALYSIS FOR THE YEAR 2024. CURRENT AVERAGE NET INCOME FOR THE LAST 3 YEARS: +$15,000 WHICH CAN EASILY INCREASE TO $20,000 IN THE FOLLOWING YEAR. SOLD AS - IS.
Listing courtesy of Jelani Realty Advisors
44 Webb St. is a multi-unit home built in 1929, and is located in Calumet City, IL. It has 9 bedrooms and — bathrooms, a 3-car garage, and has annual property taxes of $13,325.
Marco Amidei
(888) 32-Marco (847) 630-4886
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