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    7514 W 63rd Place

    Summit, IL 60501
    • $314,900
    • STATUS: Active Under Contract
    • ON SITE: 33 days
    • MLS #: 10858442
    Under Contract
    UPDATED: 9 min ago
    $314,900
    • 7
      BEDS
    • 0.08
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Information

    Description

    Investors dream, amazing cashflow on day one! This beautiful 4 unit building, is low maintenance with a lots of recent improvements. Sidewalks (2020), Two renovated units (2020), Roof (2016). Three 2 Bed/1 Bath units and One 1 Bed/1 Bath. Conveniently located near the highway and transportation. Walking distance to shopping, restaurants and entertainment. Fantastic rental income with 2 units on corporate guaranteed leases. Tenants pay electric and cooking gas. Don't miss your opportunity, Call today to schedule your showing. **Multiple Offers Received, Highest and Best Due 09/23/2020 by noon**

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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 2020-10-19T20:50:39.433 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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    7514 W 63rd Place Summit, IL 60501

    • Price: $314,900
    • Status: Active Under Contract
    • Updated: 9 min ago
    • MLS #: 10858442
    7
    Beds
    4
    Baths
    0
    ½ Baths
    0.08
    Acres
    1962
    Built
    Neighborhood:
    Summit
    County:
    Cook
    Area:
    Summit
    High School:
    Argo Community High School
    Property Description
    Investors dream, amazing cashflow on day one! This beautiful 4 unit building, is low maintenance with a lots of recent improvements. Sidewalks (2020), Two renovated units (2020), Roof (2016). Three 2 Bed/1 Bath units and One 1 Bed/1 Bath. Conveniently located near the highway and transportation. Walking distance to shopping, restaurants and entertainment. Fantastic rental income with 2 units on corporate guaranteed leases. Tenants pay electric and cooking gas. Don't miss your opportunity, Call today to schedule your showing. **Multiple Offers Received, Highest and Best Due 09/23/2020 by noon**
    Exterior Features

    Cars 3 Exterior Building Type Brick Floor Unit1 1 Floor Unit2 1 Floor Unit3 2 Floor Unit4 2 Lot Dimensions 30X125 Lot Size Less Than .25 Acre Parking Space/S Parking On Site Yes Parking Ownership Owned Parking Spaces 3 Type Multi 4 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement None Basement Bathrooms YN No Basement Description Slab Bedrooms Above Grade 7 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 2 Full Baths In Building 4 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel Gas Rooms 15 Rooms Unit1 4 Rooms Unit2 3 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    3 Br Un In Bldg YN No Additional Sales Information None Age 51-60 Years Agent Owned Interest YN No Area Amenities Curbs/GuttersSidewalksStreet LightsStreet Paved Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Summit Electricity Expense 310 Elementary Sch Dist 104 General Information Interstate Access Gross Rental Income 48600 High Sch Dist 217 Holds Earnest Money Yes Insurance Amount 1728 Jr High Middle Dist 104 Lease Exp Date Mo Yr Unit1 10/21 Lease Exp Date Mo Yr Unit2 08/21 Lease Exp Date Mo Yr Unit3 10/21 Lease Exp Date Mo Yr Unit4 Mo/Mo Net Oper Income 41370 New Construction No Ownership Fee Simple Possession Closing Recent Rehab YN No Rent Unit1 900 Rent Unit2 1050 Rent Unit3 1250 Rent Unit4 850 Sec Deposit Unit1 800 Sec Deposit Unit2 1050 Sec Deposit Unit3 1250 Sec Deposit Unit4 800 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Exemptions None Tax Year 2019 Taxes 12736.09 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Tenant Pays Unit3 ElectricGas Tenant Pays Unit4 ElectricGas Total Rental Income 48600 Total Units In Building 4 Township Lyons Water Lake Michigan

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Homesmart Connect Llc.


    © 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 2020-10-19T20:50:39.433 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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