9830-32 W Grand Avenue Franklin Park, IL 60131
Prime investment opportunity to add to your portfolio. Attractive, All brick, well maintained 8 unit building in Prime Franklin Park Location maintained by the same ownership for over 30 years! This asset is comprised of 7 -1 bedroom units and 1 studio. Spacious units featuring hardwood floors, ample closet space, oak cabinet kitchens with ceramic tile flooring in most, including ceramic tiled bathrooms. Tenants have the convenience of Storage units and on-site laundry, owned by the Seller. Separate secure boiler room. 8 parking spots directly behind the building. Long term tenants-rents should be higher, 6 of the 8 units are month to month. Rents are low and can be much higher. Similar 1 bedroom units in the area are renting for $1, 350/month, Studio units $800. Raising rents to market rate would generate an additional 27k annually. Property is located in a flood zone, seller has begun the appeal with FEMA.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$18,426
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive Under Contract
- MLS ID Number12070978
- Home Size Source N/A
- Year Built1965
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Electric Circuit Breakers
- Number of Stories 2
- Foundation Concrete Perimeter
- Number Of Stories 2
Interior Features
- Cooling Wall Sleeve
Exterior Features
- Roof Composition
Community Features
- Township Leyden
- MLS Area Franklin Park