Bought with Monika Sipiora of HomeSmart Connect LLC
$800,000
$750,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
9656 Golf Terrace Des Plaines, IL 60016
4,928 SqFt
Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,928 sqft
Price per Sqft $162
MLS Listing ID 12384858
Year Built 1969
Annual Tax Amount $13,246
Tax Year 2023
Property Sub-Type Multi Family 5+
Property Description
Investment Opportunity: Six-Unit Multi-Family Building perfect for investors seeking a lucrative opportunity. The property features three spacious two-bedroom apartments and three comfortable one-bedroom units. The building includes a convenient coin-operated laundry in the basement, offering additional income potential. With 11 assigned parking spaces, residents will appreciate the ease of parking. The current rent rates are below market value due to long-term, reliable tenants, presenting an opportunity for increased cash flow. This well-located property offers easy access to the expressway, making it an attractive option for commuters. Enhancing the property's curb appeal is a charming fence surrounding the front yard, providing a sense of privacy and security for residents. Additionally, an association-monitored system ensures a safe and well-maintained living environment, adding value and peace of mind. This investment opportunity is being sold as-is. Act quickly to secure this exceptional property and capitalize on its promising income-generating capabilities!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Exterior
View Y/N true
Building
Structure Type Brick
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