Solid Rental Opportunity!
11/14/24 UPDATE: UNDER CONTRACT!
Find Your Next Investment in this Six-Unit Rental Property! New Price Reduction!
Now $850,000.
Great rental investment in River Grove! All masonry 6-unit rental building located within walking distance to Metra, shopping & restaurants. Solid “workforce” 6 unit — three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Seller prefers ZERO turnover – most tenants for over 5 years; 2 more than 10. Current monthly rental income is $6,560. Rents are below market. Many recent capital improvements.
Property will be sold AS-IS. Tear off roof new in 2006 and aluminum coating 2023, boiler replaced 2008, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Quick close possible. This won’t last long on the market. Public transportation is readily available at the River Grove and Elmwood Park Metra stations, located approximately one mile south. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O’Hare Airport is six miles northwest.
CALL/TEXT DAVID GULLO TODAY AT 708-567-1375!
