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Jay Reid

jay@reidgroup.house +1(847) 791-5491

Listed by Ana Novakovicof HomeSmart Connect LLC

Est. payment | -/mo

11 Beds

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Est. payment | -/mo

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11 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12695230

Style Other

Bedrooms 11

Year Built 1973

Annual Tax Amount $16,647

Tax Year 2024

Lot Dimensions 58X149

Property Sub-Type Two to Four Units

Property Description

MULTIPLE OFFERS RECEIVED, deadline for all offers is July 8th. Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring finished basement/in-law as a part of a duplex unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income and a proven history of reliable, long-term tenants who consistently on time with their rent. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. Tenants are responsible for their own electric service, while other utilities are paid by ownership. Detailed operating expenses and income estimates are available upon request through the listing agent. Recent improvements including a brand-new commercial washer and dryer, newer flooring in select units, newer windows updated A/C units and newer HVAC. Property management is familiar with the building and tenants and is willing to remain in place, providing a seamless transition for a new owner. Whether you are looking to expand your investment portfolio or acquire a stable, income-generating asset with upside potential, this property is a must-see. Schedule your private showing today.

Location

State IL

County Cook

Community Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Baseboard

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 4.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Landscaped

Foundation Concrete Perimeter

Sewer Public Sewer, Overhead Sewers

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

High Schools Lyons Twp High School

School District 103, 103, 204

Others

Ownership Fee Simple

Special Listing Condition None

Nearby Locations

Making real estate fast, fun, and stress-free!

+1(847) 791-5491

jay@reidgroup.house

3030 Salt Creek Ln #145, Arlington Heights, IL, 60005

4533 Elm AVE Brookfield, IL 60513

Jay Reid

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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4533 Elm AVE

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