Great opportunity to purchase an excellent multifamily apartment building in Addison, IL. Features 12 apartments, 10 two bedroom apartments and 2 one bedrooms. 6 of the apartments have been fully updated. Remaining apartments are in good condition. All hallways have brand new paint and brand new carpeting. Security camera system is installed with a remote access through a phone application. New water heater installed in 2015. December 2017 all apartments had high efficiency toilets, faucet aerators, and shower heads installed, which will result in water bill savings of about 25%. Large parking lot with 34 spaces, currently 3 spaces rented at $30 a month, for additional income of $90 per month. Laundry room has storage lockers and 2 brand new washer and 2 brand new dryers that generate around $400 per month. Can be sold as a package with 6 unit building 569 N Valerie Ln, which is one block away. Repairs/Decor and Other Expenses are estimated at a $5,000 per year.
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Listing information last updated on February 20th, 2018 at 3:50am CST.