Note: We had a full price contract that was to close May 31 but the buyer's loan was denied a few days before the closing due to an undisclosed IRS Tax Lien. Their loss is your chance! Fantastic investment opportunity! Well maintained 4 unit, owner occupied apartment building in highly sought school district (Forest Road, Park JH, and LTHS)! Each unit has 2BR & 1 bath and have been updated in the past several years. Parking in back for 10 small cars in tandem. Each unit has a patio or balcony. Unit 1 rear was owner occupied and income with that unit would add approx. $15,000 to overall income for building. All apartments are updated and neutral and rents could be higher. Owner pays heat, water, garbage/sewer, lawn, snow removal & tenants use laundry for $20/month included in their rent. Tenants pay electric, internet/cable. Huge unfinished basement w/storage closet for tenants & extra large owners closet. Owner had private laundry in the boiler room. LA can provide list of updates & expenses for building. 2 tenants are long term. Close to parks, pool, & bike path. All units are in excellent condition!
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For more information about 1233 N La Grange, La Grange Park, IL 60526 contact Corcoran Urban Real Estate.
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