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$549,000

Est. payment - /mo

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7 Beds

4 Baths

Active Under Contract

1924 S 16th AVE Broadview, IL 60155

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12494217

Bedrooms 7

Year Built 1960

Annual Tax Amount $10,453

Tax Year 2023

Lot Dimensions 46X120

Property Sub-Type Two to Four Units

Property Description

This turn-key brick 4 unit on a quiet, tree lined street in Broadview checks all the boxes! The property consists of 3 two bed/1 bath units, and 1 one bed/one bath unit. Large living rooms and plentiful storage throughout each unit. All units have been rehabbed during the last several years with upgrades to flooring, kitchens, and baths, allowing for strong rental income. Tenants pay all their own utilities, including heat, keeping owner expenses very low. Boilers were replaced 6 years ago, and a new 80 gallon hot water tank was installed in 2022. New windows installed in 2022. Laundry in the basement and 5 parking spots in back of the building for tenant convenience. Excellent location near all the shopping, dining, and transit options on Roosevelt. Less than a minute drive to I-290, only 2.5 miles from the Forest Park Blue Line station, and just 3 minutes away from Loyola Hines VA. Opportunities for a well-maintained, turn-key building in the hot rental market of Broadview are rare - come check this one out for yourself!

Location

State IL

County Cook

Area Broadview

Rooms

Basement Partially Finished, Partial

Interior

Heating Natural Gas, Steam

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 89 , 89, 209

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by John Warren of Forte Properties, Inc.

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106