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7441 Washington Street

Forest Park, IL 60130
  • $1,495,000
  • STATUS: Active Under Contract
  • ON SITE: 217 Days
  • MLS #: 11387208
Under Contract
UPDATED: 46 min ago
$1,495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Wow! Check out this incredible property in hot, hot Forest Park. This nine unit property has been completely remodeled and no detail was left untouched. Each unit in this property has been gut rehabbed with updated kitchens, bathrooms, separate heat and AC. Most of the units also feature in unit laundry as well! There is a coach house that lives like a stand alone house behind the front two buildings, and there is ample parking for the tenants to use. The only expenses the owner pays for this property are water, snow removal and lawncare! There are no common areas to maintain which makes managing this property a breeze! With all the heavy lifting having been done here, this property offers an incoming investor the chance to relax and enjoy the a true armchair investment.

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© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-01T21:58:12.717 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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7441 Washington Street Forest Park, IL 60130

  • Price: $1,495,000
  • Status: Active Under Contract
  • On Site: 217 Days
  • Updated: 46 min ago
  • MLS #: 11387208
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Forest Park
County:
Cook
Area:
Forest Park
Property Description
Wow! Check out this incredible property in hot, hot Forest Park. This nine unit property has been completely remodeled and no detail was left untouched. Each unit in this property has been gut rehabbed with updated kitchens, bathrooms, separate heat and AC. Most of the units also feature in unit laundry as well! There is a coach house that lives like a stand alone house behind the front two buildings, and there is ample parking for the tenants to use. The only expenses the owner pays for this property are water, snow removal and lawncare! There are no common areas to maintain which makes managing this property a breeze! With all the heavy lifting having been done here, this property offers an incoming investor the chance to relax and enjoy the a true armchair investment.
Exterior Features

Parking Total 10

Interior Features

Cooling Central Air Heat Ventilation Forced Air Number Of Dishwashers 9 Number Of Dryers 7 Number Of Ranges 9 Number Of Washers 7

Property Features

Additional Parcels YN Yes Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Circuit Breakers Gross Income 175000 Gross Scheduled Income 175000 Insurance Expense 8500 Maintenance Expense 5400 Mls Actual Status Contingent Net Operating Income 107100 Operating Expense 68400 Tax Annual Amount 22617 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatHot Water Total Monthly Income 14625 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Forte Properties, Inc.: 708-315-7310.


© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-01T21:58:12.717 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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