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8900 W Grand Avenue

River Grove, IL 60171
  • $559,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 11257161
UPDATED: 7 min ago
$559,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Description

Great investment opportunity in this well maintained and well priced brick 6-unit building with 6-parking spaces. Large 1-bedroom units with dining rooms. Most are long time tenants. Rents could be higher. Coin operated laundry is owned. New roof, newer furnace, tuckpointing and hot water tank for laundry room. Near transportation and shopping. Gross Rent Multiplier (GRM) is at 9.24.

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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 2021-11-26T20:58:55.943 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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8900 W Grand Avenue River Grove, IL 60171

  • Price: $559,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 7 min ago
  • MLS #: 11257161
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
River Grove
County:
Cook
Area:
River Grove
Property Description
Great investment opportunity in this well maintained and well priced brick 6-unit building with 6-parking spaces. Large 1-bedroom units with dining rooms. Most are long time tenants. Rents could be higher. Coin operated laundry is owned. New roof, newer furnace, tuckpointing and hot water tank for laundry room. Near transportation and shopping. Gross Rent Multiplier (GRM) is at 9.24.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 6

Interior Features

Basement Finished Cooling Wall Sleeve Fireplaces Total 0 Heat Ventilation Central Heat/Indiv ControlsGasHot WaterBaseboard Miscellaneous Inside Laundry Room Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 4804 Built Before1978 YN Yes Current Use Multi-Family Gross Income 59280 Gross Scheduled Income 60480 Insurance Expense 1962 Maintenance Expense 0 Net Operating Income 37885 Operating Expense 22595 Ownership Types Individual Possible Use Multi-Family Tax Annual Amount 14228 Tax Year 2020 Tenant Pays ElectricityOtherHot Water Total Monthly Income 5040 Township Leyden Type Multi Family 5+ Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Champions, Inc..


© 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 2021-11-26T20:58:55.943 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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