Du Page, US
An incredibly rare and amazingly updated 6 unit, DuPage County apartment building that makes financial sense has finally hit the market. This building was extensively rebuilt in 2014 with a wet sprinkler system, new mechanicals, roof, and interior finishes. 4 of the 6 units have had additional upgrades since then, with recessed lighting, upgraded counters, and flooring. Ownership has also invested in security cameras and new code-compliant exterior porches. This presents an opportunity to maintain existing rental rates and take advantage of a long-term investment with minimal capital investment requirement for the foreseeable future. There is a common association that also covers landscape, snow removal, and trash, makes this an easy to manage investment in an unparalleled location. Offering Memorandum with full financial information is also available upon request.
Courtesy Of: Keller Williams Infinity
General Features
- List Date:
- 07/21/2020
- Foundation Type:
- Concrete
Interior Features
- Agent Owned/Interest:
- No
- # Of Bdrms - Unit 1:
- 2
- # Of Bdrms - Unit 2:
- 1
- # Of Rooms - Unit 2:
- 4
- # Of Rooms - Unit 1:
- 5
Exterior Features and Amenities
- Area:
- Woodridge
- Lot Dimensions:
- 56 X 64
- Exterior Building Type:
- Brick
- Acreage:
- .08
Financial
- List Date Received:
- 2020-07-21T19:20:50
- Update Date:
- 2020-08-23T21:50:37
- Taxes:
- 11855
- Status Date:
- 2020-08-01T17:37:19
- Net Oper Income:
- $58,061.00
- Market Time:
- 61
- Assessment Includes:
- Parking,Common Insurance,Lawn Care,Scavenger,Snow Removal
- Listing Market Time:
- 61
- Listing Type:
- Exclusive Right To Sell
- Gross Rental Income:
- $89,382.00
- Contingency Flag:
- Attorney/Inspection
- Contract Date:
- 2020-07-31T05:00:00
- Cooperative Compensation:
- 2.5%-$295
Other Features
- Approx Year Built:
- 1978
- Township:
- Downers Grove
- Zoning Type:
- MULTI
- Are any property photos virtually staged?:
- Yes
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Data last updated: 2024-05-18.
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