Welcome to 8824 Cherry - A Turnkey Investment Opportunity! Attention investors and potentially owner-occupants! This legal 3-unit building is a proven income generator with long-term tenants in place. Fully rented and well-maintained, with room to increase rental amounts. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath's rented at $1550 including the newer oversized garage spot and private dedicated w/d right outside door. Middle floor was completely remodeld w/ beautiful finishes. Top floor same floor plan as middle floor and in good condition. No history of flooding in this building. Large front side driveway big enough to fit 6 exterior cars. $4970 total gross income but can be much higher. All leases expire 4.30.2026. Coin laundry in basement. Good condition and well maintained. Make your offer now!
Property Map
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7 Parking Spaces (1 Garage Spaces), Garage Door Opener, On Site, Garage Owned, Detached, Assigned, Off Street, Side Apron, Driveway, Additional Parking, Direct Access, Garage Faces Side, Storage, Owned, Garage, Parking included in price
Schools
East Leyden High School (212), River Grove Elementary School (85.5), River Grove Elementary School (85.5)
For more information about 8824 Cherry, River Grove, IL 60171 contact Corcoran Urban Real Estate.
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