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1344 S Austin Boulevard

Cicero, IL 60804
  • $599,999
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 11743685
UPDATED: 46 min ago
$599,999
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

This exceptional yellow brick building is a prime investment opportunity that is sure to impress. With five spacious and fully rented units, this property is a pure investment with instant cash flow. The building features two generously sized units that have been tastefully remodeled with granite countertops, stainless steel appliances, newly remodeled bathrooms, hardwood floors, and spacious bedrooms. In addition, there are two well-maintained units with beautiful hardwood floors, and a unique jumbo garden unit that was recently remodeled with exposed brick walls, two bedrooms, two bathrooms, a living room, and a dining room. Located just minutes away from three schools and the 290 highway, this building is in a prime location that will attract tenants looking for convenient access to amenities. The newly updated tear-off roof (2016), which comes with a transferable warranty, six updated electric panels (2015), and newer windows (2016) make this building the perfect low maintenance investment. The property also includes three parking spaces, five separate water heaters, and all tenants are responsible for their own utilities. This investment opportunity is a must-see for any investor looking to expand their portfolio. The location, size, and condition of this property make it an exceptional investment opportunity that will generate income for years to come. Don't miss out on the chance to own this impressive building in a highly desirable location.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-04T21:57:44.037 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1344 S Austin Boulevard Cicero, IL 60804

  • Price: $599,999
  • Status: Active
  • On Site: 72 Days
  • Updated: 46 min ago
  • MLS #: 11743685
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1951
Built
Neighborhood:
Cicero
County:
Cook
Area:
Cicero
Property Description
This exceptional yellow brick building is a prime investment opportunity that is sure to impress. With five spacious and fully rented units, this property is a pure investment with instant cash flow. The building features two generously sized units that have been tastefully remodeled with granite countertops, stainless steel appliances, newly remodeled bathrooms, hardwood floors, and spacious bedrooms. In addition, there are two well-maintained units with beautiful hardwood floors, and a unique jumbo garden unit that was recently remodeled with exposed brick walls, two bedrooms, two bathrooms, a living room, and a dining room. Located just minutes away from three schools and the 290 highway, this building is in a prime location that will attract tenants looking for convenient access to amenities. The newly updated tear-off roof (2016), which comes with a transferable warranty, six updated electric panels (2015), and newer windows (2016) make this building the perfect low maintenance investment. The property also includes three parking spaces, five separate water heaters, and all tenants are responsible for their own utilities. This investment opportunity is a must-see for any investor looking to expand their portfolio. The location, size, and condition of this property make it an exceptional investment opportunity that will generate income for years to come. Don't miss out on the chance to own this impressive building in a highly desirable location.
Exterior Features

Exterior Building Type BrickStone Foundation Details Concrete Perimeter Frontage Type City StreetPublic RoadSignal IntersectionAlley Access Land Amenities Sidewalks Outdoor Parking 1-5 SpacesCommon ParkingOpenPaved Parking Total 3 Roof Reflective Coating Roof Structure Flat

Interior Features

Basement FinishedExterior Access Cooling None Fireplaces Total 0 Heat Ventilation Forced AirGas Number Of Dishwashers 0 Number Of Ranges 5

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes None Building Area Total 6000 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit BreakersSeparate Meters Fire Protection Smoke Or Fire Protectors Gross Income 64200 Gross Scheduled Income 64200 Insurance Expense 0 Location Public Transport AvailHigh Traffic Area Maintenance Expense 0 Mls Actual Status Active Net Operating Income 59892 Operating Expense 4308 Ownership Types Limited Liability Corp Possible Use CondominiumMulti-Family Tax Annual Amount 13858 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 5350 Township Cicero Type Multi Family 5+ Utilities Water To Site Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Of Chicago Llc: 708-788-1900.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-04T21:57:44.037 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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