4 UNIT INVESTMENT PROPERTY GROSSING $46,800 PER YEAR!!! This solid brick building features open concept, 3-level units that resemble spacious townhomes. Each unit contains 2 bedrooms and 1 bathroom, with walk-out basements that could be converted to a 3rd bedroom, eat-in kitchens, vaulted ceilings, forced air gas heating, and assigned parking at the rear of the property. The roof, furnaces, and windows are all under 10 years old, with no issues whatsoever. Tenants are responsible for their own utilities. Market rate rents are currently a minimum of $1050 per unit.
Property Map
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Property Details
Utilities
Heating Natural Gas, Forced Air
Cooling
Water Lake Michigan
Sewer Public Sewer, Sewer-Storm
Additional Information
Exterior Features
Storms/Screens
Parking
7 Parking Spaces, Unassigned, Off Street, Owned
Schools
Addison Trail High School (88), Indian Trail Junior High School (4), Lincoln Elementary School (4)
Payment Calculator
Listing History
03-04-2022
Listed at $488,000
03-06-2022
Status changed to Under Contract
03-10-2022
Status changed to Active
03-11-2022
Status changed to Under Contract
03-25-2022
Status changed to Active
03-28-2022
Status changed to Under Contract
06-10-2022
Status changed to Closed
06-09-2022
Sold at $488,000
Last Modified 6/10/22 3:47 PM
Nearby Transportation
I 290 East
1.4 mi
Hwy 83 South
1.4 mi
I 290 West
1.7 mi
Hwy 83 North
1.7 mi
Hwy 355 North
2.2 mi
Hwy 355 South
2.4 mi
Hwy 20 East
2.8 mi
Hwy IL 390 West
3.6 mi
Hwy IL 390 East
3.8 mi
I 294 North
4.2 mi
For More Information
(312) 528-9200
For more information about 119 W Michael, Addison, IL 60101 contact Corcoran Urban Real Estate.
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