Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
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20 Properties Within 0.5 miles of: 1407 E Roosevelt, Wheaton

1407 E Roosevelt
Wheaton, IL 60187

  • 7 Beds
  • 4 Baths
  • Built In 1970
Price

$575,000

Taxes
$7,227  
Beds
7  
Baths
4  
Rooms
15  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
60X142  
Built
1970  
Neighborhood
Wheaton  
MLS
#10610495
Status
Active (74 days)

Property Description

This is a great investment property in a wonderful area. Potential for an 8% cap rate. Never worry about occupancy just put a sign on Roosevelt Rd. and have a tenant immediately. This is a 4 unit building with over sized units. 1 unit is a 1 bedroom, 1 bath. The other 3 units are 2 bedrooms, 1 bath and all but one unit could use some updating because the kitchens and baths are original to the building. Two leases just ended so the owner has decided to leave them vacant incase the new owner would like to live on site. One of the vacant units has a newly renovated kitchen and bath. 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 and doors through-out. Newer roof and boiler system. 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. The parking lot is gravel. Building is in good condition but being sold AS-IS

Property Map

Property Details

Utilities

  • Heating Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Sewer-Public

Additional Information

Parking
N/A

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

01-14-2020 Listed at $575,000
Last Modified 2/24/20 8:51 AM

Nearby Transportation

  • Bus 301 < 0.1 mi
  • Bus 714 < 0.1 mi
  • Bus 714 < 0.1 mi
  • Bus 301 < 0.1 mi
  • Bus 711 1.1 mi
  • Bus 715 1.1 mi
  • Union Pacific West 0.6 mi
  • Hwy 355 South 2.2 mi
  • Hwy 355 North 2.4 mi
  • I 88 West 3.4 mi
  • I 88 East 3.4 mi
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