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!
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
Agent Name: Melody Williams
Agent Phone: (815) 505-9284
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 6,375.20 per month $4,315.20 Principal & Interest $1,782.92 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
Melody Williams
Office: (815) 282-2222 ext. 1726
Cell: (815) 505-9284
Fax: (815) 282-2268
Direct: (815) 316-4050
Email Me
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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 melody.gogambino.com today.