3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 1 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 2 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 3 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 4 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 5 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 6 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 7 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 8 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 9 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 10 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 11 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 12 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 13 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 14 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 15 3117-27 N ELM Street, RIVER GROVE IL 60171 Photo 16
Listing Courtesy of Master Key Realty Inc.

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3117-27 N ELM Street - 3 FREE STANDING 6 UNIT BUILDINGS SOLD AS PACKAGE ( owner may consider selling separately) First time on the market! Original owner is retiring. Situated in area of mostly single family homes. The many local amenities make this for easy rentals and investment to add to your portfolio. 5-TWO BEDROOM AND 1-ONE BEDROOM apartments per building. Each building has 8 parking spaces ( total of 24 ),and laundry room with coin-op washer and dryer( 3 sets). The roofs have recently been done with complete tear-off. Windows have also recently been replaced. Each apartment on the second and third floors have hardwood floors. Some apartments have remodeled bathrooms, and kitchens. Portions of the plumbing and electric have been updated as well. Most of the apartments have tremendous upside for rental increase as their are some very long-term tenants.

Listing information

  • MLS® ID: 10425495
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1977
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $49,416

Features

Air Conditioning Wall Sleeve
Approximate Age 36-50 Years
Backup Info Rent Roll
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service Circuit Breakers
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Fuel Expense Source Actual
Heat/Ventilation Gas, Hot Water
Information Show-Lock Box
Land Amenities Curbs and Gutters, Lighting/Exterior, Sidewalks
Location Free Standing/Urban, Public Transport Avail
Misc Inside Inside Corridor/s, Laundry Room, Storage Inside
Misc Outside Enclosed Stairs
Other # Of Dryers - 3, # Of Ranges - 18, # Of Refrigs - 18, # Of Units - 18, # Of Washers - 3, # Of Window/Ac - 18, Electricity Expense - 1260, Expense Year - 2018, Fuel Expense - 3204, Gross Rent Multiplier - 10.9, Gross Rental Income $ - 195060, Insurance Expense - 5236, Janitor Expense - 1800, Net Oper Income $ - 12760, Net Operating Income Year - 2018, Other Expenses - 0, Repairs-Decor Expense - 2700, Scavenger Expense - 1200, Tax Year - 2017, Total Annual Exp - 67456, Total Annual Income - 201560, Total Monthly Income - 16255, Township - Leyden, Water Expense - 2640, Zoning Type - Multi
Outdoor Parking 13-18 Spaces
Owners Assoc (Y/N) No
Ownership Type Individual
Possession Tenant's Rights
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Hip
Sale Terms Conventional
Tenant Pays Electric
Type Multi-Family Flats
Unincorporated (Y/N) No
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Master Key Realty Inc.