$600,000
$625,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1948 N 19th Avenue Melrose Park, IL 60160
5,200 SqFt
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $115
MLS Listing ID 10386781
Sold Date 09/20/19
Year Built 1961
Annual Tax Amount $11,543
Tax Year 2017
Lot Dimensions 5720
Property Description
Look no further...TURN-KEY | SIX-UNIT | Low expense building. High net income. Tenants pay heat and electric. 2017 CAPITAL IMPROVEMENTS: tear-off roof, windows, tuckpointing, gutters, concrete, asphalt driveway and parking lot. Updated electric and new hot water tank.3 units are completely remodeled (new kitchens and baths) and 3 units have seen light updates. All units have new appliances. Laundry room with 2 washers and 2 dryers. Every unit has parking in back. Building 100% occupied. Tenants on leases and all pay on time. Tenants pay via direct deposit. Low expenses, ability to raise rents. Agent has ownership interest.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace Y
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Brick/Mortar
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Stanislaw Wachala • Chicagoland Brokers Inc.