507 N Valerie Ln., Addison, IL 60101

507 N Valerie Ln., Addison, IL 60101
Photo 1 of 1
$440,000
Sold on 2/05/18
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $7,875.24
On the market: 53 days
View full details, 15 photos, school info, and price history
Fantastic investment opportunity to own solid all brick 4 units building, fully rented with excellent cash flow. Each unit has 2 bedrooms and I bath. One unit is a duplex with finished, huge basement. Additional available space in the finished basement perfect for laundry or storage. 8 Parking spaces. This is a end building with a large open space. Low utilities expenses. Tenants pay their own electric and heat. All newer 4 electric heating systems. New cabinets in 3 kitchens. Newer water heater. Near restaurants, shopping, parks and schools. Convenient to expressways and Metra. Property is not located in the flood zone. No vacancy history. Loyal tenants (1, 5, 5 & 3 years). Must make 24 hours appointment. Agent will meet you at site. Average monthly utilities expenses: water, sewer and garbage =$400; electricity for common area = $20; gas for water heater =$40. Insurance=$2,126. Property tax =$7,875.
Listing courtesy of Mitchel Gebczak, Berkshire Hathaway HomeServices Starck Real Estate