Sharon Tahere
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Excellent investment opportunity in Oak Park! This well-maintained 7-unit multifamily building offers a desirable mix of units, current rental income and 6 off-street parking spaces. The property features three 3-bed/1.5-bath units, three 2-bed/1-bath units and one 2-bed/1-bath garden unit. All units are currently tenant occupied, with five units leased on year-long terms and two units month-to-month, providing a combination of stable income and future flexibility. The sellers have completed numerous updates and improvements, including a brand-new roof, renovated garden unit, new common-area washer and dryer, new in-unit refrigerators, stoves and dishwashers in several units, rear tuckpointing, necessary plumbing repairs and a freshly painted deck. With a strong unit mix, established occupancy, off-street parking and numerous recent capital improvements, this property offers an excellent opportunity for an investor looking to add a multifamily asset to their portfolio in Oak Park.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 7,110
County: Cook
Listed By:
Redfin Corporation
312-836-4263
MRED MLS
MLS ID: 12767844
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314-316 N Maple Avenue , Oak Park, IL 60302.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,490,000 | $1,490,000 | $1,490,000 |
| Down Payment | $52,150 | $0 | $298,000 |
| Monthly Mortgage Amount | $9,857 | $10,383 | $8,132 |
| Taxes | $2074 | $2074 | $2074 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $895 | $0 | $0 |
| Monthly Estimated Total | $13,261 | $12,892 | $10,641 |
Sharon Tahere
REALTOR®
Office: (563) 441-5057
Cell: (563) 570-2141
Licensed in IA
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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