1018 Madison Street

    Maywood, IL 60153
    • $499,500
    • STATUS: Active
    • ON SITE: 132 days
    • MLS #: 10135963
    $499,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Tremendous 10 Cap Cash Flow Opportunity On Well Maintained Building! Fully Occupied. Long term tenants. Building in great condition. Many recent upgrades including "a full tear off roof in 2017, new parking lot, new boilers and over $20,000 in other improvements" Excellent cash flowing property for investors. Assessed Value Just Reduced 45%. Taxes reduced dramatically. Documents on tax appeal and recent work completed under additional information. Income, expenses and price have been updated to reflect 2018.

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    © 2019 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 the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2019-03-24T23:50:24.05.

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    www.anirealestate.com/homes/89363813

    1018 Madison Street Maywood, IL 60153

    • Price: $499,500
    • Status: Active
    • MLS #: 10135963
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1970
    Built
    Neighborhood:
    Maywood
    County:
    Cook
    Area:
    Maywood
    Property Description
    Tremendous 10 Cap Cash Flow Opportunity On Well Maintained Building! Fully Occupied. Long term tenants. Building in great condition. Many recent upgrades including "a full tear off roof in 2017, new parking lot, new boilers and over $20,000 in other improvements" Excellent cash flowing property for investors. Assessed Value Just Reduced 45%. Taxes reduced dramatically. Documents on tax appeal and recent work completed under additional information. Income, expenses and price have been updated to reflect 2018.
    Exterior Features

    Frontage Access City Street Lot Dimensions 6237 SQUARE FEET Number Of Parking Spaces 10

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 2 Number Of Units Apt Type2 6 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Outdoor Parking 6-12 Spaces Repairs Decor Expense 1000

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Current Use Residential-Multi-Family Electric Expense Source Actual Electricity Expense 554 Expense Year 2018 Exterior Building Type Brick Fuel Expense 810 Fuel Expense Source Actual Gross Rental Income Amount 94800 Heat Ventilation Baseboard Insurance Expense 988 Insurance Expense Source Actual Janitor Expense 0 Janitor Expense Source Owner Projection Monthly Income Max1 1100 Monthly Income Max2 950 Net Oper Income Amount 43144 Net Operating Income Year 2018 Other Expense Source Actual Other Expenses 3413 Possession Tenant's Rights Potential Use Residential-Multi-Family Tax Year 2017 Taxes 34981.9 Tenant Pays ElectricHeat Total Annual Exp 51656 Total Annual Expense Source Owner Projection Total Annual Income 94800 Total Monthly Income 7900 Township Proviso Type Multi Family Corridor-Exterior Entrance Water Expense 1679 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Ani Real Estate.


    © 2019 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 the MLS or Ani Real Estate. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ani Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2019-03-24T23:50:24.05.

    Digital Millennium Copyright Act
     
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