1518 Harlem Avenue

    River Forest, IL 60305
    • $750,000
    • STATUS: Active
    • ON SITE: 145 days
    • MLS #: 10145808
    UPDATED: 166 min ago
    $750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity to purchase all 6 units in a River Forest condominium building. 5 of 6 units are currently tenanted. Operate now as a profitable rental building or sell off the individual condo units. Well maintained building, including new roof in 2018. Professional property management and association management in place. Great location, River Forest schools, and condo level finishes make these units easy to rent with low turnover.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Perotti Group | Compass Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Perotti Group | Compass Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-04-23T23:51:41.297.

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    www.theperottigroup.com/homes/89722976

    1518 Harlem Avenue River Forest, IL 60305

    • Price: $750,000
    • Status: Active
    • Updated: 166 min ago
    • MLS #: 10145808
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1970
    Built
    Neighborhood:
    River Forest
    County:
    Cook
    Area:
    River Forest
    Property Description
    Rare opportunity to purchase all 6 units in a River Forest condominium building. 5 of 6 units are currently tenanted. Operate now as a profitable rental building or sell off the individual condo units. Well maintained building, including new roof in 2018. Professional property management and association management in place. Great location, River Forest schools, and condo level finishes make these units easy to rent with low turnover.
    Exterior Features

    Construction Brick Lot Dimensions Approx 0.3 Acres Number Of Parking Spaces 6 Roof Coverings Shingle Composition

    Interior Features

    Air Conditioning Window Unit/S Basement Description Unfinished Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 0 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Outdoor Parking 6-12 Spaces Repairs Decor Expense 2657

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Electricity Expense 0 Expense Year 2017 Fuel Expense 0 Gross Rental Income Amount 79920 Heat Ventilation Central Bldg HeatGasHot WaterRadiators Insurance Expense 1800 Insurance Expense Source Broker Projection Janitor Expense 720 Monthly Income Max1 1145 Net Oper Income Amount 34026 Net Operating Income Year 2017 Other Expense Source Actual Other Expenses 17208 Owners Assoc YN Yes Tax Year 2017 Taxes 8704 Tenant Pays Air ConditioningElectric Total Annual Exp 45894 Total Annual Expense Source Combination Total Annual Income 79920 Total Monthly Income 6660 Township River Forest Type Multi Family Corridor-Interior Entrance Water Expense 0 Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Pennan Properties Llc.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Perotti Group | Compass Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Perotti Group | Compass Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-04-23T23:51:41.297.

    Digital Millennium Copyright Act
     
    The Perotti Group | Compass Real Estate
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    Chicago IL, 60647