5028 W 31st Place
Cicero
| 1 of 60 |
Description
BROKER OWNED. ***2 units of 6 are prepaid 12 months in advance; buyer will receive a substantial credit at closing for prepaid rent; See additional info for rent rolls and prepayment credit.**** Large 6 unit multi-family investment property with a large two car garage and storage spaces for rent in garage. The property's interiors have been renovated since purchase in 2015. Building is fully occupied with paying long term tenants. Apartment rents total $10,050 per month, the parking spaces rent for a total of $225 per month, storage spaces currently renting for total of $365 per month, so the building collects a grand total of $10,640 per month. Additionally, the owner holds a total of $11,250 in security deposits. Owner of building pays for water, common electric and garage electric. Tenants pay for their own gas heat, cooking gas, water heat, and electric. In 2023 the owner replaced all roofing, as well as the hardy board siding from ground level to 6 ft height around the perimeter of the building plus foam board insulation, and fully gutted and rehabbed the largest unit in the building in 2024- a 4 bedroom 2 bathroom (one new full bath was added), installed insulation in ceilings around the building, and added a master walk-in closet to the south lower level unit. Given the substantial rents collected every month, this is a great property for any investor! see photos and additional info.Listing Courtesy of skydan real estate sales, llc
Amenities
Essentials
MLS #: 12034189
Area:
Cicero
Price:
$1,250,000
Location: 5028 W 31st Place
Property Type: Condo
Bedrooms: Studio
Taxes:
$15,253
Pet Policy:
Unknown
Amenities
Contact Westward360
Provided Courtesy of skydan real estate sales, llc
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
DMCA notice
