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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$575,000

Est. payment - /mo

7 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12646890

Bedrooms 7

Year Built 1963

Annual Tax Amount $13,333

Tax Year 2023

Lot Dimensions 122.95' x 35.88'

Property Sub-Type Two to Four Units

Property Description

TURNKEY CASH-FLOW MACHINE: INVESTOR OR OWNER-OCCUPANT DREAM IN PRIME SUMMIT! Stop fighting heavy renovation costs and add an immediate, stabilized performer to your portfolio. Units are occupied with steady tenants on active leases generating day-one cash flow. One unit can be delivered VACANT at the end of June. This is a massive advantage: perfect for an owner-occupant looking to "house hack" (live in one, let the others tenant cover the mortgage), or for an investor ready to instantly place a new tenant at top-of-market rent to maximize the Cap Rate. Coin-operated Washer and Dryer for extra income. Solid, low-maintenance brick structure situated in a high-demand rental market. Excellent location with unbeatable access to I-55, public transit, and major employment hubs. The property is being sold strictly "AS-IS." DO NOT DISTURB THE TENANTS to respect their privacy. ONLY PRE-APPROVED BUYERS PER SELLER, THEN SHOWINGS WILL BE SCHEDULED. This is a HOT rental area and rents can easily be pushed higher. Drive by the exterior, run the numbers, and submit your best offer. (Note: Broker Owned - Listing Agent).

Location

State IL

County Cook

Area Summit

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Equipment Water Heater-Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Other, Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District 104 , 104, 104

Others

Ownership Fee Simple

Special Listing Condition Standard

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Listed by Muaz Farooq of Kale Realty

NEARBY SCHOOLS & PROPERTIES

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

5330 S 73rd CT Summit, IL 60501

Rich Ayers

Key Details

Location

Rooms

Interior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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5330 S 73rd CT