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8 Properties Within 0.5 miles of: 4804 Forest, Downers Grove
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4804 Forest
Downers Grove, IL 60515

  • 4 Beds
  • Built In 1904
Price

$499,900

Est Payment
$3,645 / month (details)  
Taxes
$11,487  
Beds
4  
Rooms
10  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
73X132  
Built
1904  
Neighborhood
Downers Grove  
MLS
#11376577
Status
Cancelled

Property Description

LOCATION! Is it time to diversify? LOCATION! Stock Market & Crypto rollercoaster rides too scary? LOCATION! Need to complete a 1031 Exchange? Very rare income property investment opportunity for a CA$H BUYER! Rents not raised much in years and are overdue for an increase! Update the units and get top dollar! Let the tenants pay for your property like the current owners have done for years! Tenants pay utilities. 3 blocks to Main St. train station. Huge 73'x132' lot. Very rare, legal non-conforming 3 unit. (See Sec 28 of DGMC.) Or convert to SFR? Tear down and build? CA$H BUYERS ONLY! Property needs updating! See disclosures! Property now vacant, so do with it as you wish! Recent rents were: Studio at $749 + $55 for Parking, 1 Bedroom at $985 + $55 for Parking and $25 for Laundry, 3 Bedrooms at $1,275 + $55 for Parking.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
4 Parking Spaces (2 Garage Spaces), Assigned, Driveway, Owned, Owned
Schools
North High School (99), Herrick Middle School (58), Pierce Downer Elementary School (58)

Payment Calculator

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

Listing History

04-15-2022 Listed at $499,900
06-01-2022 Status changed to Cancelled
Last Modified 6/1/22 12:41 PM

Nearby Transportation

  • Burlington Northern 0.3 mi
  • I 88 West 1.9 mi
  • Hwy 355 North 1.9 mi
  • I 88 East 2.1 mi
  • Hwy 355 South 2.3 mi
  • Hwy 83 South 3.3 mi
  • Hwy 83 North 3.5 mi
  • I 55 South 4.9 mi
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