$235,000
$225,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
2413 Sherman AVE North Chicago, IL 60064
7 Beds
8,712 Sqft Lot
Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10335551
Sold Date 06/24/19
Bedrooms 7
Annual Tax Amount $8,063
Tax Year 2017
Lot Size 8,712 Sqft
Lot Dimensions 68X134
Property Description
Incredible 4 unit building w/new roof & 5 car garage. Perfectly located in a quiet area near the Naval Base. Great for military rental & easily rented at any time of the year. Long time owner wants to retire & pass the baton to another. This property has great parking availability not only on site but also plenty of street parking. All brick building is in great shape & no issues w/ tuckpointing or roof. Storage units for tenants as well as onsite laundry for more income. Currently the owner is not renting garages so there's plenty of room for more income in every way! Garages plus some minor unit upgrades will increase the profitability tremendously! You have to see it to believe it, make this one your passive income stream today! Owner only pays water & garbage. This owner has the 2 buildings next to each other so ask about 8 units & not needing a commercial loan! Where else can you get 8 units for only 450k? Imagine having over 3k net income thru retirement! PREFERS BULK SALE!
Location
State IL
County Lake
Area North Chicago
Zoning MULTI
Rooms
Basement None
Interior
Heating Electric, Indv Controls
Equipment TV-Cable, CO Detectors
Fireplace N
Exterior
Exterior Feature Storms/Screens, Cable Access
Garage Detached
Garage Spaces 5.0
Waterfront false
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 187 , 187, 187
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Eric Sadowski • American Realty & Associates