Listed by Infiniti Properties Inc
$975,000
9516 S KOLIN AVE # 25 OAK LAWN IL 60453
Details
APN 24-10-200-014-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,720
Net Rentable (SqFt) 6,720
Units 6
Cap Rate 7.70%
NOI $75,110
Occupancy 100%
Tenancy Multi
Rent Bumps No
Year Built 1965
Buildings 1
Stories 3
Lot Size (SqFt) 8,514
Zoning Multifamily
Parking Spaces spaces
Investment Type Net Lease
Fully rented 6 unit Multifamily building for sale
Marketing description
Desirable location in highly divers and densely populated southwest suburb with great demand for rental properties.
*** PRINCIPLES ONLY please***
Investment highlights
*** PRINCIPLES ONLY***
TURN-KEY INVESTMENT! Fully rented 6 unit brick building in the heart of Oak Lawn. Superb location- densely populated southwest suburb with high demand for rental units. Great investment opportunity- 6 units- rented out with solid tenants. Clean and well kept building. New roof. 5 two bedroom units and 1 one bedroom unit. Month to month tenants. Rear parking lot & laundry on premise (with additional income). Walking distance to Christ Hospital, transportation and local shopping and restaurants. Strong investment with solid income. Tenants pay their own gas bill.
Listing Contacts
Listed by Infiniti Properties Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,110.00
$6,259.17/mo
Valuation Metrics
0
DSCR
7.7%
Cap Rate
7.7%
ROI
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