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    8469 Archer Avenue

    Willow Springs, IL 60480
    • $1,399,000
    • STATUS: Active Under Contract
    • ON SITE: 20 days
    • MLS #: 11205500
    Under Contract
    UPDATED: 90 min ago
    $1,399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Outstanding 12 unit building in Willow Springs. Located in a wooded area that is surrounded by single family homes & condos. Most units have been updated with new kitchens & bathrooms, new cabinets, ceramic tile, granite/marble countertops and more. Laundry room with two owned washers & two owned dryers. There are ten-2br,1- bath units and two -1br- 1 bath units. Boiler and hot water tank are 4 years old. Two wall a/c unit slots per apartment. 20 parking spaces. There is also room to raise rents. 100% rented. Excellent condition. A great addition to any investors portfolio !

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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 2021-09-21T00:00:16.07 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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    8469 Archer Avenue Willow Springs, IL 60480

    • Price: $1,399,000
    • Status: Active Under Contract
    • Updated: 90 min ago
    • MLS #: 11205500
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1972
    Built
    Neighborhood:
    Willow Springs
    County:
    Cook
    Area:
    Willow Springs
    Property Description
    Outstanding 12 unit building in Willow Springs. Located in a wooded area that is surrounded by single family homes & condos. Most units have been updated with new kitchens & bathrooms, new cabinets, ceramic tile, granite/marble countertops and more. Laundry room with two owned washers & two owned dryers. There are ten-2br,1- bath units and two -1br- 1 bath units. Boiler and hot water tank are 4 years old. Two wall a/c unit slots per apartment. 20 parking spaces. There is also room to raise rents. 100% rented. Excellent condition. A great addition to any investors portfolio !
    Exterior Features

    Frontage Type None Parking Total 20

    Interior Features

    Cooling Wall Sleeve Heat Ventilation Central Heat/Indiv ControlsRadiatorsBaseboard Number Of Dryers 2 Number Of Ranges 12 Number Of Washers 2

    Property Features

    Additional Parcels YN Yes Approximate Age 36-50 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 143676 Gross Scheduled Income 145176 Insurance Expense 5268 Maintenance Expense 2200 Net Operating Income 93611 Operating Expense 50128 Tax Annual Amount 22820 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 11973 Type Multi Family 5+ Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max 10.


    © 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 2021-09-21T00:00:16.07 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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