, SUMMIT IL 60501 Photo 1 , SUMMIT IL 60501 Photo 2 , SUMMIT IL 60501 Photo 3 , SUMMIT IL 60501 Photo 4 , SUMMIT IL 60501 Photo 5 , SUMMIT IL 60501 Photo 6 , SUMMIT IL 60501 Photo 7 , SUMMIT IL 60501 Photo 8 , SUMMIT IL 60501 Photo 9
Listing Courtesy of Wm C Groebe & Co.

No driving directions were found. Please adjust your search.

- 10% cap rate. Taxes under 9,000. THIS 6 UNIT BRICK BUILDING IS IN EXCELLENT CONDITION. LONG TERM TENANTS. NEW PITCHED ROOF REPLACED LESS THAN 2 YEARS AGO. NEW HOT WATER HEATER. TENANT PAYS ELECTRIC. ADDITIONAL PARKING IN THE BACK. PLUS MANY OTHER FEATURES.

Listing information

  • MLS® ID: 09299541
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1965
  • Parking Type Description: On Site 4 cars
  • Estimated Annual Taxes: $8,447

Features

Approximate Age 36-50 Years
Basement Description Bathroom Rough-In, Finished, Other
Built Before 1978 (Y/N) Yes
Construction Brick
Contingency Flag Attorney/Inspection
Current Use Residential-Multi-Family
Electrical Service Fuses, Separate Meters
Exterior Building Type Brick
Fire Protection Smoke or Fire Protectors
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Heat/Ventilation Baseboard, Hot Water, Steam
Information No Sign on Property, Show-Special Instructions
Known Encumbrances None Known
Land Amenities Security Entrance, Sidewalks
Misc Inside Other
Misc Outside Enclosed Stairs, Security Lighting
Other # Of Dishwashers - 0, # Of Disposals - 0, # Of Dryers - 1, # Of Ranges - 6, # Of Refrigs - 6, # Of Units - 6, # Of Washers - 1, # Of Window/Ac - 0, Electricity Expense - 356, Expense Year - 2014, Fuel Expense - 4500, Gross Rent Multiplier - 11.5, Gross Rental Income $ - 52200, Insurance Expense - 2147, Janitor Expense - 0, Net Oper Income $ - 38500, Net Operating Income Year - 2014, Other Expenses - 0, Repairs-Decor Expense - 300, Scavenger Expense - 886, Tax Year - 2015, Total Annual Exp - 18660, Total Annual Income - 57500, Total Monthly Income - 4700, Township - Lyons, Water Expense - 2324, Zoning Type - Multi
Outdoor Parking 1-5 Spaces, Common Parking
Owners Assoc (Y/N) No
Ownership Type Individual
Potential Use Condominium, Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Pitched
Tenant Pays Electric
Type Multi-Family Corridor-Exterior Entrance
Unincorporated (Y/N) No
Utilities To Site Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Wm C Groebe & Co.