NEWLY UPDATED FRONT AND REAR ENTRANCES WITH BRAND NEW CARPET, VINYL FLOORING AND FRESH PAINT. Great investment in a great area. Completely occupied with a 7.8 cap rate. Never worry about occupancy just put a sign on Roosevelt and have a tenant immediately. 4 units. 1 unit 1 bedroom 1 bath. 3 units 2 bedrooms 1 bath and all could use some updating because all of the kitchens and baths are original to the building. Conveniently located to all shopping, downtown Wheaton, Metra commuter train, bus stop in front and Wheaton College. Great maintenance free all brick building. Updated windows, Doors, Newer roof, newer Boiler, Water Heater, All units gas cooking and features balconies for two top Apartments. All units are separate electric meters. There is common paid laundry. Tenant pays electric only. Building is being sold as-is.
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For more information about 1407 E Roosevelt, Wheaton, IL 60187 contact Corcoran Urban Real Estate.
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Listing provided by Coldwell Banker Residential
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