Excellent Location and Investment Opportunity! 6 Unit All Brick Apartment building in sought after area in Addison. No Association. Turn-key property and well maintained. All units are fully leased. Value-add opportunity to increase rents to market value. Great existing tenants and neighborhood. Easy to rent. 7.3% cap rate! 5- Two-bedroom units & 1- One-Bedroom unit. Coin-laundry in building. 11 parking spaces. NEW ROOF(2019), New Water Pump(2019), Newer windows(2009). Washer and Dryer income -recently increased. Clean and Quiet building. High School and Elementary school few blocks away. Close to O'Hare Airport/ i355 & 290 Expressways/Bus stops. Minutes from Wood Dale Metra. Schedule to see soon!!!
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For more information about 308 W Lincoln, Addison, IL 60101 contact Corcoran Urban Real Estate.
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