
Listed by Baird & Warner Glenview
$1,399,000
3488 Salem walk
Details
APN 04302100590000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 6
NOI $70,157
Year Built 1978
Stories 3
Multifamily | 6 Units
Marketing description
Immaculate, meticulously cared for, and fully occupied 6-unit investment property located in a desirable Northbrook location. This property has a strong cash flow and long term value. All six units feature spacious 2 bedrooms, 1 bath layouts, making this very attractive and highly rentable. A full basement provides additional storage space and convenient on site laundry facilities. Many updates have already been done to the property, making this ideal for a new investor, including a water heater (2025), boiler (2019), washer (2024), dryer (2025), and a brand-new roof scheduled for installation early June. Assigned parking spaces are located at the rear of the building for tenant convenience. This is a very well-maintained property. Ideally located near schools, shopping, dining, transportation, and everyday amenities, this turnkey investment offers stable occupancy, minimal deferred maintenance, and excellent income potential for years to come. Rare opportunity to acquire a solid, income-producing 6-unit building with major mechanical updates already completed. This is an ideal addition to any investment portfolio. Don't miss out on this amazing property!
Listing Contacts

Listed by Baird & Warner Glenview
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,157.00
$5,846.42/mo
Valuation Metrics
0
DSCR
5.01%
Cap Rate
5.01%
ROI
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