$524,000
$520,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
2,613 Sqft Lot
SOLD DATE : 02/12/2024
Key Details
Sold Price $524,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11951395
Sold Date 02/12/24
Bedrooms 8
Year Built 1969
Annual Tax Amount $9,110
Tax Year 2022
Lot Size 2,613 Sqft
Lot Dimensions 49X106
Property Sub-Type Two to Four Units
Property Description
Welcome to a prime investment opportunity in Westchester, IL! This charming 3-unit brick building boasts a full finished basement and six dedicated parking spaces at the rear, providing convenience for residents. The sizable units are a standout feature of this property. The first and second-floor residences each offer three bedrooms and 1.5 baths, and they are currently leased, ensuring a steady income stream. These units have recently undergone updates, including hardwood floors, new window air conditioners, spacious kitchens, and dining areas, enhancing the overall appeal. The garden unit, recently renovated with a new kitchen and appliances, presents an attractive and modern space for potential tenants. Currently vacant, this unit is ready for a new owner to either rent it out for additional income or move in and enjoy living rent-free. Residents will appreciate the comfort and style of these well-maintained living spaces. Location is key, and this property is strategically situated near the library, schools, expressways, and the Oak Brook shopping center. It's an ideal location for tenants seeking both convenience and accessibility. Investors will find this property particularly attractive, considering the current lease agreements and the potential for increased income. Take note of the coin laundry facility located in a separate section of the basement, providing an additional income stream for savvy investors. Recent updates, such as a new wooden fence and a new GFA furnace in the basement, 2nd floor unit was updated with refinished hardwood floors in all the rooms, and tiled flooring in the kitchen that contribute to the property's overall appeal and value. Don't miss out on this fantastic investment opportunity. Schedule your appointment today to explore the potential of this Legal 3-unit rental building in Westchester, IL. The City of Westchester compliance certificate can be found in "Additional information", there are no repairs required by the City.
Location
State IL
County Cook
Area Westchester
Zoning MULTI
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air, Steam, Sep Heating Systems - 2+
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Westchester Primary School
Middle Schools Westchester Intermediate School
High Schools Proviso West High School
School District 92.5 , 92.5, 209
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Alonso Chavez of Re/Max In The Village

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "






