Bought with Derick Creasy of Redfin Corporation
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8809 N DEE Road Des Plaines, IL 60016
Key Details
Sold Price -
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11763873
Sold Date -
Year Built 1968
Annual Tax Amount $14,294
Tax Year 2021
Lot Dimensions 80X96
Property Sub-Type Multi Family 5+
Property Description
6 Multi -Family all brick building in hot rental area of Des Plaines. Building consists: Three - 2 bedroom and Three - 1 bedrooms. Per the owner: Newer hot water tank, pipes & 6 new zones and plumbing in utility room installed in 2022. Roof age is approx. 10 years old. Building kept well and some apartment have some updates. Annual rental income currently good cash flow of $ 78,960 plus some around $ 1,200 additional income from coined laundry *** And still with some improvements a potential to get even higher ROI with the limited availability of these type of apartments in the area*** Stable tenants. One unit currently vacant after tenants just moved out and kept vacant for convenient showings. Washer and dryer owned. Laundry Rm next to mechanical room and storage for the owner. 10 parking spots behind the building. Nice location close to everywhere: Golf Mill shopping center, Lutheran General Hospital, restaurants, I-294 Expwy and MORE. Rent Roll attached in Add Info.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Others
HOA Fee Include None
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