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Listing Courtesy of Preferred Homes Realty

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- 18 units in 3 buildings (700 Bode, 723 Linden & 731 Linden). Large mix of various units from studio to 3 bedroom units, 3 are "owner" units currently, others vary in size and features and are in great condition. There is lots of parking with 17 outdoor spaces, 1 garage and 9 carports. There is also a storage shed. Property features a common area laundry room at 723 with 3 coin-op washers and dryers that come with the building. The owners have upgraded many units as tenants moved (others have long-term tenants) and all buildings have had new roofs in the last 4 years. Huge Irregular sized lot with lots of green space, located across from Lord's Park.

Listing information

  • MLS® ID: 09318238
  • Status: Active
  • New Construction: No
  • Lot Size: 195X165
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $26,395
  • Year Built: 1930
  • Parking Type Description: None 0 cars
  • Lot Area: 0.40
  • County: Cook

Features

Air Conditioning Central Air, Window Unit/s
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick, Wood Frame
Current Use Residential-Multi-Family
Electrical Service Circuit Breakers, Fuses
Exterior Building Type Brick, Cedar
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Heat/Ventilation Central Bldg Heat, Electric, Forced Air, Gas
Indoor Parking 6-12 Spaces
Information 48-Hr Notice Required, Listing Agent Must Accompany, No Sign on Property
Known Encumbrances First Mortgage
Land Amenities Children's Play Yard, Curbs and Gutters, Lighting/Exterior, Sidewalks
Misc Outside Balcony/ies, Patio, Storms and Screens (as exist)
Other # Of Dryers - 3, # Of Ranges - 18, # Of Refrigs - 18, # Of Units - 18, # Of Washers - 3, Approx Total Bldg Sq Ft - 13143, Electricity Expense - 5469, Expense Year - 2014, Fuel Expense - 4709, Gross Rent Multiplier - 97, Gross Rental Income $ - 17676, Insurance Expense - 12636, Janitor Expense - 0, Net Oper Income $ - 11649, Net Operating Income Year - 2015, Other Expenses - 1000, Repairs-Decor Expense - 8000, Scavenger Expense - 886, Tax Year - 2015, Total Annual Exp - 63388, Total Annual Income - 179880, Total Monthly Income - 14730, Township - Hanover, Water Expense - 4294, Zoning Type - Multi
Outdoor Parking 13-18 Spaces
Owners Assoc (Y/N) No
Ownership Type Corporation
Possession Closing
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Pitched
Sale Terms Conventional
Tenant Pays Electric, Heat
Type Multi-Family Corridor-Exterior Entrance, Corridor-Interior Entrance
Unincorporated (Y/N) No
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Preferred Homes Realty