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841 W College Boulevard , Addison, IL 60101

$950,000
  • 841 W College Boulevard , Addison, IL 60101 Main Photo

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New to the Market Contingent
BEDS0 BATHS MLS#12616811
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

Property Description

Excellent opportunity to own a well-maintained 6-unit multifamily property offering strong and stable cash flow. The building features a unit mix of three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, appealing to a wide range of tenants. The property currently generates $117,360 in annual rental income based on the existing rent roll, making it an attractive addition to any investor's portfolio. HOA covers landscaping, snow removal, and parking lot maintenance, helping reduce ownership responsibilities. Ideally located near major highways and shopping centers, this property offers convenience and accessibility, enhancing tenant demand and long-term value. A turnkey investment with steady income and upside potential-don't miss this opportunity!

841 W College Boulevard | MLS# 12616811

This multi-family property located at 841 W College Boulevard , Addison, IL 60101 is currently listed for sale with an asking price of $950,000. Search Addison real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall Sleeve, Window Unit(s)
Lot Size: 0.08 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $21,395
Year Built: 1974

Feature Descriptions

Current Use: Multi-Family
Drains: Balcony/ies
Electric: Circuit Breakers
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street, Private Road
HVAC: Central Bldg Heat, Gas
Lot Dimensions: 55 X 65
Miscellaneous Outdoor: Balcony/ies
Parcel#: 0224102029
Parking: 6-12 Spaces
Potential Use: Condominium, Multi-Family
Tenant Pays: Air Conditioning, Electricity
Units: 6

Listed By / Shown By

Listed By

Agency Name: ARNI Realty Incorporated
Agency Phone: 847-699-8177

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 6,375.20 per month $4,315.20 Principal & Interest $1,782.92 Property Tax $277.08 Homeowner's Insurance

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