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7 Properties Within 0.5 miles of: 748 E 5th, Des Plaines

748 E 5th
Des Plaines, IL 60016

  • Built In 1959
Price

$900,000

Est Payment
$6,395 / month (details)  
Taxes
$18,678  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
130 X 80  
Built
1959  
Neighborhood
Des Plaines  
MLS
#11480261
Status
Cancelled

Property Description

MULTIPLE OFFERS RECEIVED. SUBMIT YOUR HIGHEST AND BEST! Incredible opportunity to own this Class B+ brick 8-flat in revered Des Plaines, IL. The property is located on a secluded, tree-lined street with 8 private parking spaces and ample street parking. The building consists of 7 one-beds and 1 two-bed units all in good condition. Newer mechanical units and a coin operated laundry in the basement. Current rents are strong but are still below market, allowing for the investor to increase the value of the property with simple rent increases. Exterior entrances mean minimal common area expenses. Fantastic stable investment in a rock solid neighborhood just minutes from downtown Chicago.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

Parking
6 Parking Spaces

Payment Calculator

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

Listing History

08-01-2022 Listed at $900,000
08-12-2022 Status changed to Under Contract
04-24-2023 Status changed to Cancelled
Last Modified 4/24/23 9:30 AM

Nearby Transportation

  • Union Pacific Northwest 0.7 mi
  • I 294 South 1.8 mi
  • I 294 North 2.0 mi
  • I 90 West 2.2 mi
  • I 90 East 2.3 mi
  • Hwy 12 3.6 mi
  • Hwy 45 3.6 mi
  • I 190 West 4.3 mi
  • I 190 East 4.3 mi
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