$ 775,000
-
$775,000
Price -
0
Bed - Bath
-
0
SqFt
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About the Listing 771 - 8131
Don't miss this incredible fully leased investment opportunity! This hard to find 7 unit building is over an 8 cap at the list price. No deferred maintenance and below market rents combine to create tremendous value add potential. With seven total units rent increases to market value and further increases over time will have an exponential effect on value. All of the apartments are desirable 2 bedroom units with a spacious family room. Coin op laundry and storage are available in the basement. One apartment has just been updated with quartz counter tops, new appliances and bathroom fixtures (rented immediately!). Other updates include new windows, new appliances, new exterior lighting and the fire safety system has been updated. New 10 year smoke and CO detectors were just installed. Low to no vacancy history. Restaurants, national retailers and the Jewel grocery store are all within walking distance make renting apartments a breeze. There are 7 onsite parking spaces and unrestricted on street parking. Don't wait, opportunities like this don't come often!
Listing Highlights for 3229 Commercial Ave
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
12513857
Year Built
1969
Total Square Footage
0
Lot/Acreage
50x125
County
Cook
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50x125
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $9,910
- Taxes w/Assessments: N/A
- Tax/Property ID: 32322150190000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3229 Commercial Ave South Chicago Heights, IL 60411
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