$ 490,000
4919 W Roosevelt Road Cicero, IL 60804
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$ 490,000
Est. payment | /mo
9 Beds
$ 490,000
Est. payment | /mo
9 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12205953
Bedrooms 9
Year Built 1928
Annual Tax Amount $6,913
Tax Year 2022
Lot Dimensions 25 X 125
Property Description
Newly rehabilitated and fully rented 3 unit building. Extensive work done on all units. A detailed listed of rehab will emailed to the buyer agent. SS Appliances, granite counter tops. Free Washer/Dryer in basement for tenants. AC Wall units provided to tenants but belong to the building. Brick gated back yard with a brick garage. Solar panels on roof with a long term lease to reduce energy inflation on unit 2R and public areas. Unit 3 fully furnished and used as a mid term air bnb 3-6 months stays. It can be used as a long term lease if wanted by the new owner. Long term leases with tenants who pay their own utilities. Rent rolls will be provided. All electronic payment receipts. Just passed Cicero Electrical and Compliance inspections. None will be needed by the new owner for the standard compliance required in Cicero. $5,450 Gross Rent Gross Cap 11% Net Cap 8% not including a current rate of 7% annual appreciation in this part of Cicero.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas, Radiator(s)
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 99, 99, 99
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kevin Goodwin • Charles Rutenberg Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "