Cook, US
Financing Fell through at the last minute. Perfect opportunity for investors. Fantastic investment opportunity in beautiful and serene Phoenix, IL! This solid 4-unit apartment building is fully rented with long-term month-to-month tenants, and current rents offer plenty of room for substantial increases. Each apartment features two bedrooms and one bathroom, with one of the units recently remodeled and upgrades throughout. Major improvements have already been made: the roof is only 1.5 years old, the rear porch is less than five years old, and the front porch was just replaced in 2025 with a $30,000 investment. All units have separate heating systems and hot water tanks, giving tenants full independence. Outside, there's plenty of street parking plus two unassigned spots in the rear, and the property includes an additional lot next door, offering potential for expansion. Whether you're looking for a potential cash cow or a great setup for related living, this is an incredible opportunity in a welcoming community.
Courtesy Of: Alexander & Associates Realty Group
Feature Highlights
- Additional Parcels
- Built Before 1978
General Features
- List Date:
- 09/04/2025
Public Schools
- Elementary School:
- Madison School
- High School:
- Thornton Township Hi
Interior Features
- Bedrooms Possible:
- 8
- Rooms Total:
- 12
Exterior Features and Amenities
- Lot Size Dimensions:
- 23X122
- Parking Total:
- 2
Financial
- Days On Market:
- 99
- Tax Annual Amount:
- $14,853.77
- Tax Year:
- 2023
Other Features
- Elementary School District:
- 151
- High School District:
- 205
- Middle Or Junior School District:
- 151
- Age:
- Unknown
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Data last updated: 2025-12-19.
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