Bought with Stella Petridis of Procure Realty Group
$700,500
$695,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/20/2019
Key Details
Sold Price $700,500
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10304465
Sold Date 05/20/19
Year Built 1960
Annual Tax Amount $16,555
Tax Year 2017
Lot Dimensions 47 X 125 (SUBJECT TO SURVE
Property Sub-Type Multi Family 5+
Property Description
Pride of ownership shows with this building. The property has been owned by the same family for over 30 years. This is a value add opportunity that gives an investor the option to either: improve the units with a cosmetic rehab or increase current rents in "as-is" condition. The building contains (five) 2 bed and 1 bath units with nice layouts and (one) 1 bed 1 bath unit. The property has newer windows, newer 75 gallon water heater, boiler heat, and separate electric. Both private and street parking are included along with owned laundry equipment. Location Details: 8609 N. Milwaukee Ave. is located in the Village of Niles adjacent to Chicago to the south, Skokie to the east, Morton Grove to the northeast, Glenview to the north, and Park Ridge to the west. The property is located near I-294 and I-94 highways allowing tenants easy access to the City, O'Hare and the surrounding suburbs.
Location
State IL
County Cook
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States