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    6004 Archer Road

    Summit, IL 60501
    • $449,900
    • STATUS: Active Under Contract
    • ON SITE: 50 days
    • MLS #: 10851211
    Under Contract
    UPDATED: 50 min ago
    $449,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    Description

    ATTENTION ALL INVESTORS, GREAT SOLID BRICK 6 UNIT BUILDING, GREAT INCOME, LONG-LONG TERM TENANTS. 4 (2) BEDROOM AND 2 (1) BEDROOM. VERY WELL MAINTAINED AND MANAGED BUILDING. AVERAGE TENANT BEEN THERE OVER 7 YEARS. TAXES BEEN APPEALED AND CONTESTED. FULLY OCCUPIED, GREAT LOCATION NEAR HIGHWAYS. THE RENTS ARE BASED ON LONG TERM TENANTS, RETS CAN BE HIGHER PREVIOUS BUYER FINANCE FELL THROUGH. PRICE REDUCTION

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    © 2020 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-29T23:51:16.207 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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    6004 Archer Road Summit, IL 60501

    • Price: $449,900
    • Status: Active Under Contract
    • Updated: 50 min ago
    • MLS #: 10851211
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1965
    Built
    Neighborhood:
    Summit
    County:
    Cook
    Area:
    Summit
    Property Description
    ATTENTION ALL INVESTORS, GREAT SOLID BRICK 6 UNIT BUILDING, GREAT INCOME, LONG-LONG TERM TENANTS. 4 (2) BEDROOM AND 2 (1) BEDROOM. VERY WELL MAINTAINED AND MANAGED BUILDING. AVERAGE TENANT BEEN THERE OVER 7 YEARS. TAXES BEEN APPEALED AND CONTESTED. FULLY OCCUPIED, GREAT LOCATION NEAR HIGHWAYS. THE RENTS ARE BASED ON LONG TERM TENANTS, RETS CAN BE HIGHER PREVIOUS BUYER FINANCE FELL THROUGH. PRICE REDUCTION
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Land Amenities Security EntranceSidewalks Lot Dimensions 60X125 Number Of Parking Spaces 4 Roof Coverings Shingle Composition Roof Structure Pitched

    Interior Features

    Air Conditioning Window Unit/S Basement Description FinishedOtherBathroom Rough-InEgress Window Fire Protection Smoke Or Fire Protectors Miscellaneous Inside Storage InsideOtherLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 1 Number Of Fireplaces 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 6 Number Of Refrigs 6 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 3 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 2 Number Of Units Apt Type2 2 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1 Outdoor Parking 1-5 SpacesCommon Parking Repairs Decor Expense 0000

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Contingency Flag Attorney/Inspection Current Use Residential-Multi-Family Electric Expense Source Actual Electrical Service FusesSeparate Meters Electricity Expense 30 Expense Year 2018 Exterior Building Type Brick Fuel Expense 2800 Fuel Expense Source Actual Gross Rental Income Amount 54600 Heat Ventilation Hot WaterSteamBaseboard Insurance Expense 210 Insurance Expense Source Actual Janitor Expense 150 Known Encumbrances None Known Miscellaneous Outside Enclosed StairsSecurity Lighting Monthly Income Max1 3315 Monthly Income Max2 1235 Net Oper Income Amount 36700 Net Operating Income Year 2018 Number Of Window Ac 0 Other Expenses 0 Owners Assoc YN No Potential Use CondominiumResidential-Multi-Family Sale Terms ConventionalCash Only Tax Year 2018 Taxes 13679 Tenant Pays Electric Total Annual Exp 0000 Total Annual Expense Source Actual Total Annual Income 60600 Total Monthly Income 4550 Township Lyons Type Multi Family Corridor-Exterior Entrance Unincorporated YN No Utilities To Site Sanitary Sewer To SiteSewer-Storm AvailableWater-Municipal Washer Dryer Lsd YN No Water Expense 220 Water Expense Source Actual Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Classic Realty Group, Inc..


    © 2020 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-29T23:51:16.207 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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