Description
Exceptional 6-unit brick multi-family investment property offering strong in-place income and immediate value-add upside. The building features six rehabbed 3-bedroom apartments, all fully leased with solid monthly rental income. Units have been recently updated, reducing near-term capital expenditure needs for the next owner. The property also includes a finished garden-level unit featuring a full kitchen, bathroom, and bedroom space, previously used as a residential unit. This space represents significant additional income potential upon buyer's completion of due diligence. Conveniently located with access to Metra and Pace Bus transit serving the south suburban Cook County market. Close to retail and neighborhood services. A rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in a supply-constrained price range. All financial figures are based on current full occupancy and are estimates - buyer and their advisors should independently verify all figures prior to closing. Sold As-Is. Real People Realty. Equal Housing Opportunity.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
Real People Realty
815-469-7449
MRED MLS
MLS ID: 12643303
Shown By
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Please Call For Address, Harvey, IL 60426.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $499,999 | $499,999 | $499,999 |
| Down Payment | $100,000 | $17,500 | $125,000 |
| Monthly Mortgage Amount | $2,398 | $2,943 | $3,089 |
| Taxes | $696 | $696 | $696 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $220 | $0 |
| Monthly Estimated Total | $3,240 | $4,005 | $3,931 |
Ann Williams
Cell: (563) 207-6770
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