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Updated about 10 years ago on . Most recent reply

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45
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14
Votes
Dan Naumowicz
  • Real Estate Agent
  • Elk Grove Village, IL
14
Votes |
45
Posts

4 Flat investment in Oak Park IL

Dan Naumowicz
  • Real Estate Agent
  • Elk Grove Village, IL
Posted

Four flat multi-family building in Oak Park, IL, 3 of 4 units are rented at this time, fourth is undergoing rehab. Good cash flow investment property for buy and hold Real Estate investor. You can live in one unit and rent the other 3 or rent all 4. Rent roll and buy and hold analysis is available. Basement has a coin op laundry and plenty of basement space for additional storage revenues or office. Parking lot in the rear of the building is shared but according to the plot of survey the land has up to 6 parking spaces which could also be rented out for additional income. 1BD/1BA Units are very rentable because of very close proximity to amenities and transit. Condition: Newer windows and electrical panels within the last 5 years. 

PDF of Buy and Hold analysis created with BP Calculator is available. Just message me with your email.

Realtors and Brokers welcome to bring your investor clients. Real Estate Investor Clubs and Associations welcome. Wholesalers welcome. Please do not contact us with MLS listing offers.

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