Franklin Park, IL 60131,9830-32 W Grand Avenue
Franklin Park, IL 60131,9830-32 W Grand Avenue
Franklin Park, IL 60131,9830-32 W Grand Avenue
Franklin Park, IL 60131,9830-32 W Grand Avenue
Franklin Park, IL 60131,9830-32 W Grand Avenue
Franklin Park, IL 60131,9830-32 W Grand Avenue
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$755,000

$799,900

5.6%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/19/2024

Key Details

Sold Price $755,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12070978

Sold Date 11/19/24

Year Built 1965

Annual Tax Amount $18,426

Tax Year 2023

Lot Dimensions 8750

Property Description

Prime investment opportunity to add to your portfolio. Attractive, All brick, well maintained 8 unit building in Prime Franklin Park Location maintained by the same ownership for over 30 years! This asset is comprised of 7 -1 bedroom units and 1 studio. Spacious units featuring hardwood floors, ample closet space, oak cabinet kitchens with ceramic tile flooring in most, including ceramic tiled bathrooms. Tenants have the convenience of Storage units and on-site laundry, owned by the Seller. Separate secure boiler room. 8 parking spots directly behind the building. Long term tenants-rents should be higher, 6 of the 8 units are month to month. Rents are low and can be much higher. Similar 1 bedroom units in the area are renting for $1,350/month, Studio units $800. Raising rents to market rate would generate an additional 27k annually. Property is located in a flood zone, seller has begun the appeal with FEMA.

Location

State IL

County Cook

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

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Listed by Lisa Graziani-Divito • Caporale Realty Group
Bought with Patrick Giuliano • Agent Realty Partners
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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