Excellent 4 unit investment that requires low maintenance in a great town. Close to I-80 and I-55. Block construction and long term tenants pay all expenses. Owner only pays property taxes and insurance. Tenants even shovel the snow! Tremendous potential to increase rents as they are low now. Opportunity to expand south 2 bedroom unit to a 3 bedroom as there is a storage room on the other side of the wall that current owner uses for himself. New roof 4 years ago. Recent furnaces in each unit. Each unit is individually metered for electric, gas, and water. Washer/dryer hookups in each unit.
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Property Details
Utilities
Heating Gas, Forced Air
Cooling
Water Public
Sewer Sewer-Public
Additional Information
Parking
Fee/Leased
Payment Calculator
Listing History
08-18-2018
Listed at $299,900
09-07-2018
Status changed to Under Contract
10-19-2018
Status changed to Closed
10-19-2018
Sold at $255,000
Last Modified 10/19/18 8:16 PM
Nearby Transportation
I 55 North
4.3 mi
I 55 South
4.3 mi
For More Information
(312) 528-9200
For more information about 310 S Douglas, Elwood, IL 60421 contact Corcoran Urban Real Estate.
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Listing provided by Re/Max Pace Realty
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