$525,000
$545,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
6,534 Sqft Lot
SOLD DATE : 06/11/2021
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11051273
Sold Date 06/11/21
Bedrooms 8
Year Built 1964
Annual Tax Amount $8,824
Tax Year 2019
Lot Size 6,534 Sqft
Lot Dimensions 45X140
Property Sub-Type Two to Four Units
Property Description
Great investment property, turn key property, with high cash flow/ROI. All units were rehabbed in 2016, with granite counters and stainless steel appliances. Very rare 4-flat building with central heat AND central air conditioning! Very low overhead. Tenants pay for their own gas and electric. All leases through June 2021, and all tenants requesting renewal. Laundry on site, equipment owned for additional income. Not in flood zone. Finished basements. Storage on site. All long term, loyal tenants. Low rents, lots of potential for increase. 7 parking spaces included (could possibly make into 8). Live-in Manager willing to continue maintaining buildings if desired by new owner. Highly desirable apartments, great location across from Green Oaks park. Showings available with 48 hr+ notice, serious buyers please, as all units are tenant occupied. One unit will be made available for showing, others viewable upon contract acceptance/inspection. Contact listing agent for more info! 431 Green Oaks Ct also for sale, seller's first preference is to package both together, if possible. March actual Monthly expenses include: $21.69 gas / $38.77 electric / Water-sewer-trash $380 / Yearly insurance = $1,551
Location
State IL
County Du Page
Area Addison
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Army Trail Elementary School
Middle Schools Indian Trail Junior High School
High Schools Addison Trail High School
School District 4 , 4, 88
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Dana Surcel of Onix Realty, Inc.

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