Excellent Investment Opportunity! Add this fully occupied, well-maintained brick 6-unit to your investment portfolio. Featuring six 2-bedroom, 1-bath units, this income-producing property offers approximately 5,773 square feet of building space on a 50' x 124' lot. Each unit is separately metered for electric, with tenants responsible for their own electric usage, helping simplify operating expenses. All six units include a range and refrigerator, hot water baseboard heat with individual thermostats, and window A/C units. Tenant conveniences include an on-site laundry room with two coin operated washers and two coin operated dryers, dedicated storage for each unit, and operated six rear parking spaces. The property is currently fully occupied, providing an investor with established tenancy from day one. Long-time ownership and consistent maintenance add to the appeal of this solid investment property. Conveniently located near public transportation, schools, shopping, and area amenities. A great opportunity to acquire an established multi-unit property with immediate rental income and long-term investment potential. This property will convey up to code per Village of River Grove Pre-sale inspection.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 773-631-8300
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 6,675.41 per month $4,496.43 Principal & Interest $1,890.25 Property Tax $288.72 Homeowner's Insurance
8609 W Grand Avenue | MLS# 12720675
This multi-family property located at 8609 W Grand Avenue , River Grove, IL 60171 is currently listed for sale with an asking price of $989,900. Search River Grove real estate on www.gogambino.com today.