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8137 W O'connor Drive

River Grove, IL 60171
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 99 Days
  • MLS #: 12154971
Under Contract
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Solid O'Connor Drive investment opportunity. All masonry 6-unit rental building with 6+ CAP RATE located in River Grove within walking distance to River Grove Metra, shopping & restaurants. Solid "workforce" 6 unit -- three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Current monthly rental income is $7150. Rents are below market. Property will be sold AS-IS. Tear off roof 2006 & aluminum coating 2023, boiler replaced 2008 with wifi sensors, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O'Hare Airport is six miles northwest.

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© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 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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8137 W O'connor Drive River Grove, IL 60171

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 99 Days
  • MLS #: 12154971
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Solid O'Connor Drive investment opportunity. All masonry 6-unit rental building with 6+ CAP RATE located in River Grove within walking distance to River Grove Metra, shopping & restaurants. Solid "workforce" 6 unit -- three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Current monthly rental income is $7150. Rents are below market. Property will be sold AS-IS. Tear off roof 2006 & aluminum coating 2023, boiler replaced 2008 with wifi sensors, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O'Hare Airport is six miles northwest.
Exterior Features

Exterior Building Type Brick

Interior Features

Heat Ventilation Central Bldg Heat Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 4914 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 85800 Gross Scheduled Income 85800 Insurance Expense 2479 Maintenance Expense 2300 Mls Actual Status Contingent Net Operating Income 51700 Operating Expense 34100 Tax Annual Amount 19731 Tax Year 2023 Tenant Pays Electricity Total Monthly Income 7150 Township Leyden Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Gullo & Associates: 708-386-9090.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 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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4112C Fieldstone Road
Champaign IL, 61822