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1520 S Mt Prospect RD Des Plaines, IL 60018
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Key Details
Sold Price $429,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10290457
Bedrooms 8
Year Built 1965
Annual Tax Amount $11,190
Tax Year 2017
Property Sub-Type Two to Four Units
Property Description
CASH OFFERS ONLY***INVESTOR ALERT - MUST SEE: BRICK 3 UNITS W SEPARATE/CENTRAL AIR CONDITIONING/GAS FORCED HEAT +SEPARATE TANKLESS HOT WATER HEATERS & PARKING FOR 4+ CARS IN BACK & SIDE DRIVEWAY. ** GROSS RENTAL INCOME OF $43,080 +$2,000 OF COIN LAUNDRY INCOME = $45,080 PER YEAR. ROOM TO INCREASE RENTS MAKES THIS A WINNER. Garden Unit [JUST REHABBED] $1,100 per Month (Lease Exp: 3/2019) 1st Floor [17 YRS SAME TENANT] $1190 per Month (Lease is MTM) 2nd Floor $1300 per Month (Lease Exp: 4/2020) CONTEST TAXES TO FURTHER IMPROVE INVESTMENT RETURN - WON'T LAST LONG!! SOLD IN "AS IS" CONDITION. ****FANTASTIC LOCATION SANDWICHED BETWEEN EINSTEIN PARK, PRAIRIE LAKES PARK, MAJEWSKI METRO PARK & A 6 MINUTE WALK TO SHOPPING AT SAM'S CLUB. LESS THAN A MILE TO I-90, NEARBY TO I-290 & I-294 ACCESS, 6 MILES TO O'HARE AIRPORT, 7 MILES TO WOODFIELD MALL & 20 MILES TO DOWNTOWN.
Location
State IL
County Cook
Area Des Plaines
Zoning MULTI
Interior
Heating Natural Gas, Forced Air
Equipment TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Exterior
Exterior Feature Cable Access
Community Features Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
Elementary Schools Devonshire School
Middle Schools Friendship Junior High School
High Schools Elk Grove High School
School District 59 , 59, 214
Others
Special Listing Condition None
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Bought with Marek Holesz • RE/MAX of Naperville
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