Niles, IL 60714,8851 N Cumberland AVE
Niles, IL 60714,8851 N Cumberland AVE
Niles, IL 60714,8851 N Cumberland AVE
8
$850,000
$875,000
2.9%
Est.Price: ?

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8851 N Cumberland AVE Niles, IL 60714

Est. payment /mo
SOLD DATE : 01/10/2024

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Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11916299

Maintenance Fees $1,800

Year Built 1965

Annual Tax Amount $16,939

Tax Year 2022

Property Sub-Type Multi Family 5+

Property Description

Come check out this rarely available 6 unit apartment building! The property consists of (5) 2-beds / 1-bath and (1) 1-bed / 1-bath units. It is currently 100% occupied. There are 6 surface parking spaces and additional storage for tenants. Brand new coin operated Speed Queen washer and dryer. The hot water tank was replaced in 2019 and the boiler was replaced in 2007. The current rents are below market so there is significant rental upside. Excellent investment in the desired rental market of Niles!

Location

State IL

County Cook

Area Niles

Building

Structure Type Vinyl Siding,Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Kelsey Zurweller of  Horvath & Tremblay IL, LLC 
Bought with Ashoor Youmara of American International Realty

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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