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8609 W Grand Avenue River Grove, IL 60171

$989,900
New / MLS# 12720675 / Multi Unit - Multiple / River Grove
0 Beds
5773 SqFt

Excellent Investment Opportunity! Add this fully occupied, well-maintained brick 6-unit to your investment portfolio. Featuring six 2-bedroom, 1-bath units, this income-producing property offers approximately 5,773 square feet of building space on a 50' x 124' lot. Each unit is separately metered for electric, with tenants responsible for their own electric usage, helping simplify operating expenses. All six units include a range and refrigerator, hot water baseboard heat with individual thermostats, and window A/C units. Tenant conveniences include an on-site laundry room with two coin operated washers and two coin operated dryers, dedicated storage for each unit, and operated six rear parking spaces. The property is currently fully occupied, providing an investor with established tenancy from day one. Long-time ownership and consistent maintenance add to the appeal of this solid investment property. Conveniently located near public transportation, schools, shopping, and area amenities. A great opportunity to acquire an established multi-unit property with immediate rental income and long-term investment potential. This property will convey up to code per Village of River Grove Pre-sale inspection.

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Estimated Payment

$ 4,726.10 per month $2,547.13 Principal & Interest $1,890.25 Property Tax $288.72 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.07 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $22,683
Year Built: 1960

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Brick
Frontage Type: City Street
HVAC: Hot Water, Baseboard
Lot Dimensions: 50 x 124
Miscellaneous Indoor: Laundry Room
Parcel#: 12263070130000
Parking: 6-12 Spaces
Tenant Pays: Electricity
Units: 6

Location

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Listing Office: Coldwell Banker Realty

Listing Office Phone: 773-631-8300



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