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    8820 Root Street

    Niles, IL 60714
    • $735,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 11050218
    Price Reduced
    UPDATED: 53 min ago
    $735,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    Great Investment opportunity to own this fully occupied Brick 6 units building with no HOA. Current rents are low and there is potential to increase rent roll, Historically very low vacancy, Close to Golf mill, Restaurants, x-ways, Lutheran General Hospital.

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    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T20:52:54.237 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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    8820 Root Street Niles, IL 60714

    • Price: $735,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 11050218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Niles
    County:
    Cook
    Area:
    Niles
    Property Description
    Great Investment opportunity to own this fully occupied Brick 6 units building with no HOA. Current rents are low and there is potential to increase rent roll, Historically very low vacancy, Close to Golf mill, Restaurants, x-ways, Lutheran General Hospital.
    Exterior Features

    Parking Total 7

    Interior Features

    Heat Ventilation Central Bldg HeatGasHot Water Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 1 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 4 Number Of Rooms Unit2 5 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 1 Number Of Units Apt Type2 5 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

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 6.04 Electric Expense 900 Expense Year 2020 Fuel Expense 3550 Gross Income 74160 Gross Scheduled Income 76160 Insurance Expense 2500 Janitor Expense 0 Lot Size Dimensions 175X60 Maintenance Expense 1500 Monthly Income Max1 880 Monthly Income Max2 1100 Operating Expense 30910 Other Expense 0 Tax Annual Amount 17510.2 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 6210 Trash Expense 1200 Type Multi Family Flats Water Sewer Expense 3750 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Arni Realty Incorporated.


    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T20:52:54.237 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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