Roselle, IL 60172,503-507 DORCHESTER CT
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Roselle, IL 60172,503-507 DORCHESTER CT
Roselle, IL 60172,503-507 DORCHESTER CT
Roselle, IL 60172,503-507 DORCHESTER CT
Roselle, IL 60172,503-507 DORCHESTER CT

$3,090,000

Est. payment /mo

$3,100,000

0.3%
Est.Price: ?

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503-507 DORCHESTER CT Roselle, IL 60172

2.95 Acres Lot

SOLD DATE : 01/11/2019

Key Details

Sold Price $3,090,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10002334

Sold Date 01/11/19

Year Built 1985

Annual Tax Amount $38,568

Tax Year 2017

Lot Size 2.950 Acres

Lot Dimensions 219' X 399' X 260' X 723'

Property Description

Rare opportunity to get a 24 unit, multi-family apartment building in Roselle! Great return on investment - highly rentable area. 100% Occupied - Fully Rented! Ten units are 1 bed, 14 units are 2 beds. NEW Roof, NEW Gutters & NEW Fascia in 2018, NEW Railings in 2018. Exterior newly painted in 2018. 3 parking lots for the building - provides ample parking spaces for tenants! Rents could be raised with units more updated. Note: one tenant is a handy man who keeps an eye on the building in exchange for a discount on the rent (he is paid for actual repairs). This is a large rental complex where the rent for the same 1 bedroom model is $1000-1050; the rent for a 2 bedroom, same model, more updated, is $1250-1350. Tenants pay their own heat, AC & electricity. "Other" expenses are for snow removal, lawn mowing & security system. Coin laundry in building - provides additional revenue not included in rent roll. Units are all in good working order. Excellent cash flow. Make an offer today!

Location

State IL

County Du Page

Area Keeneyville / Roselle

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Executive Realty Group LLC
Bought with Baird & Warner

Phi Group

group

+1(224) 633-2001

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