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    7770 Madison Street

    River Forest, IL 60305
    • $590,000
    • STATUS: Active Under Contract
    • ON SITE: 53 days
    • MLS #: 11176435
    Under Contract
    UPDATED: 59 min ago
    $590,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    ALL BRICK SIX UNIT APARTMENT BUILDING IN RIVER FOREST! THIS PROPERTY FEATURES FIVE LARGE 2 BEDROOM APARTMENTS AND ONE 1 BEDROOM APARTMENT. THERE IS A POTENTIAL OWNERS UNIT WHICH HAS BEEN RECENTLY UPDATED AND INCLUDES A FAMILY ROOM ADDITION WITH WOODBURNING FIREPLACE. THERE IS AN OPPORTUNITY HERE TO MAXIMIZE RENTS AND COUPLE THAT WITH A VERY REASONABLE EXPENSE STREAM. A HOT WATER BOILER (HONEYWELL) WITH AN EXTERIOR CONTROL PROVIDES HEAT AND TWO NEWER HOT WATER HEATERS SERVICE THE PROPERTY. THERE ARE SEVEN (7) ON SITE PARKING SPACES.

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    © 2021 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-25T19:00:44.313 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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    7770 Madison Street River Forest, IL 60305

    • Price: $590,000
    • Status: Active Under Contract
    • Updated: 59 min ago
    • MLS #: 11176435
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    Neighborhood:
    River Forest
    County:
    Cook
    Area:
    River Forest
    Property Description
    ALL BRICK SIX UNIT APARTMENT BUILDING IN RIVER FOREST! THIS PROPERTY FEATURES FIVE LARGE 2 BEDROOM APARTMENTS AND ONE 1 BEDROOM APARTMENT. THERE IS A POTENTIAL OWNERS UNIT WHICH HAS BEEN RECENTLY UPDATED AND INCLUDES A FAMILY ROOM ADDITION WITH WOODBURNING FIREPLACE. THERE IS AN OPPORTUNITY HERE TO MAXIMIZE RENTS AND COUPLE THAT WITH A VERY REASONABLE EXPENSE STREAM. A HOT WATER BOILER (HONEYWELL) WITH AN EXTERIOR CONTROL PROVIDES HEAT AND TWO NEWER HOT WATER HEATERS SERVICE THE PROPERTY. THERE ARE SEVEN (7) ON SITE PARKING SPACES.
    Exterior Features

    Exterior Building Type Brick Outdoor Parking 6-12 Spaces Parking Total 7

    Interior Features

    Heat Ventilation Hot Water Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

    Property Features

    Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Electric Separate Meters Gross Income 67860 Gross Scheduled Income 67860 Insurance Expense 2069 Maintenance Expense 0 Net Operating Income 42883 Operating Expense 24977 Tax Annual Amount 11376 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 5655 Type Multi Family 5+

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Weichert, Realtors - All Pro.


    © 2021 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-25T19:00:44.313 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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    Orland Park IL, 60467