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2233 Des Plaines Avenue North Riverside, IL 60546 Multi Unit - Multiple New

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Description

6 Units in excellent North Riverside location! Featuring (4) 2 bed 1 bath, (2) 1 bed 1 bath apartments. Well maintained building with stable, long term tenants. Gross income of $93,360, 6.65% in place cap rate. 4 Units have hardwood floors, and 5 units have updated showers. All units include dining and formal living rooms. Horizontal plumbing has been all been replaced with copper. Laundry is owned by landlord. Well maintained boiler. All common areas are freshly painted. Village inspection has been completed. Excellent location within close proximity of North Riverside Park Mall, Costco, Walmart, Riverside Metra. Turn key investment opportunity with room for immediate appreciation and rent increases through basic cosmetic updates.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Real Broker LLC 217-960-8605
MRED MLS
$820,000
Est. $5,208/mo
New to the Market New
BEDS0 BATHS MLS#12586375
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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2233 Des Plaines Avenue, North Riverside, IL 60546.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $820,000$820,000$820,000
Down Payment $164,000$28,700$205,000
Monthly Mortgage Amount $3,828$4,699$4,984
Taxes $1141$1141$1141
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$361$0
Monthly Estimated Total $5,208$6,440$6,364

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