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    3700 Emerson Avenue

    Rolling Meadows, IL 60008
    • $540,000
    • STATUS: Active Under Contract
    • ON SITE: 48 days
    • MLS #: 11065494
    Under Contract
    UPDATED: 34 min ago
    $540,000
    • 7
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Information

    Elementary School:
    School District:
    15

    Description

    THIS RARE ALL BRICK 4-UNIT BUILDING IS CONDO CONVERSION READY OR KEEP AS INCOME GENERATING RENTAL! EACH APARTMENT SET UP ON IT'S OWN UTILITIES. 3 2 BEDROOM UNITS & A 1 BEDROOM UNIT PLUS LAUNDRY, UTILITY ROOM W/ COIN OPERATED WASHER & DRYER. WELL MAINTAINED & OPERATED! UPDATED ROOF, GUTTERS, & DOWNSPOUTS, FURNACES, H2O HTRS, PLUMBING, WINDOWS, BATHROOMS, APPLIANCES, & MORE. HARDWOOD STAIRS UNDER TILE & IN UNIT 2A! BEAUTIFUL LARGE LAWN COULD BE PICNIC GROVE W/ GRILLS! LIST PRICE BASED ON RECENT APPRAISAL. 2 OF 4 UNITS AVAILABLE TO VIEW UPON INITIAL SHOWING! LONG TIME MONTH TO MONTH RENTERS ARE PAYING BELOW MARKET VALUE. APPRAISER ESTIMATED PROJECTED RENTS ARE $1,125 PER 3 BEDROOM AND $875 FOR 1 BEDROOM. EXCELLENT LOCATION CLOSE TO SHOPPING, SCHOOLS, PARKS, EXPWY, EVERYTHING!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-13T08:51:51.117 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3700 Emerson Avenue Rolling Meadows, IL 60008

    • Price: $540,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • MLS #: 11065494
    7
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    Rolling Meadows
    County:
    Cook
    Area:
    Rolling Meadows
    Elementary School:
    Kimball Hill Elementary School
    Middle School:
    Sandburg Elementary School
    High School:
    Rolling Meadows High School
    School District:
    15
    Property Description
    THIS RARE ALL BRICK 4-UNIT BUILDING IS CONDO CONVERSION READY OR KEEP AS INCOME GENERATING RENTAL! EACH APARTMENT SET UP ON IT'S OWN UTILITIES. 3 2 BEDROOM UNITS & A 1 BEDROOM UNIT PLUS LAUNDRY, UTILITY ROOM W/ COIN OPERATED WASHER & DRYER. WELL MAINTAINED & OPERATED! UPDATED ROOF, GUTTERS, & DOWNSPOUTS, FURNACES, H2O HTRS, PLUMBING, WINDOWS, BATHROOMS, APPLIANCES, & MORE. HARDWOOD STAIRS UNDER TILE & IN UNIT 2A! BEAUTIFUL LARGE LAWN COULD BE PICNIC GROVE W/ GRILLS! LIST PRICE BASED ON RECENT APPRAISAL. 2 OF 4 UNITS AVAILABLE TO VIEW UPON INITIAL SHOWING! LONG TIME MONTH TO MONTH RENTERS ARE PAYING BELOW MARKET VALUE. APPRAISER ESTIMATED PROJECTED RENTS ARE $1,125 PER 3 BEDROOM AND $875 FOR 1 BEDROOM. EXCELLENT LOCATION CLOSE TO SHOPPING, SCHOOLS, PARKS, EXPWY, EVERYTHING!
    Exterior Features

    Exterior Building Type Brick Foundation Details Concrete Perimeter Is Parking Includedin Price Yes Number Of Cars 4 Parking Space/S Parking Features UnassignedParking Lot Parking On Site Yes Parking Ownership Owned Parking Total 4 Unit1 Floor Level 1 Unit2 Floor Level 1 Unit3 Floor Level 2 Unit4 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement English Basement Description Finished Bathrooms Total Integer 4 Bedrooms Below Grade 0 Bedrooms Possible 7 Full Baths In Building 4 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating SteamRadiant Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 2 Number Of Rooms Unit1 3 Number Of Rooms Unit2 4 Number Of Rooms Unit3 4 Number Of Rooms Unit4 4 Rooms Total 15

    Property Features

    Additional Parcels YN No Age Description 51-60 Years Built Before1978 YN Yes Corporate Limits Rolling Meadows General Information None Gross Income 43800 Insurance Expense 1690 Lease Exp Date Mo Yr Unit1 3/21 Lease Exp Date Mo Yr Unit2 5/21 Lease Exp Date Mo Yr Unit3 5//21 Lease Exp Date Mo Yr Unit4 5/21 Lot Size .25-.49 Acre Lot Size Dimensions Tbd New Construction YN No Other Addl Income Coin Laundry Other Expenses 5550 Property Sub Type 2 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 0 Security Deposit Unit2 840 Security Deposit Unit3 840 Security Deposit Unit4 1000 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 12504.21 Tax Year 2019 Tenant Pays Unit1 All Tenant Pays Unit2 All Tenant Pays Unit3 All Tenant Pays Unit4 All Total Rental Income 42660 Unit1 Rent 875 Unit2 Rent 840 Unit3 Rent 840 Unit4 Rent 1000 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Suburban.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-13T08:51:51.117 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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