Don't miss unique investment opportunity to own this brick building!

This well-maintained property features 3 units, each boasting 2 bedrooms and 1 bathroom, providing comfortable and roomy living spaces for residents. Recent upgrades add significant value to this investment. A new roof installed in January 2023 ensures long-term durability and protection. The windows and patio doors were replaced in 2020. Several units have been enhanced with newer floring, enhancing the overall appeal and comfort of the living spaces.

Whether you're looking for a turnkey investment or a property with further potential, this building offers a solid foundation. Considerable room for growth exists, as current rents are positioned well below market rates. This presents a prime opportunity for investors to increase rental income and maximize the property's potential. Situated close to shopping centers, a train station and highways.

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on 7411D Astor Ave
in Hanover Park, IL
Presented by Rutul Parekh at
ARNI Realty Incorporated.


Property MLS #11948391 from MRED

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 6
Bedrooms Possible: 6

+ Other Rooms

Total Rooms: 15
Basement Description: Slab

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Heating and Cooling

Heating Features: Electric

+ Land Info

Lot Size Acres: 0.0826446
Lot Size Dimensions: 30X120
Lot Size Square Feet: 3600

+ Garage and Parking

Parking Features: Assigned
Parking Total: 6

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

High School District: 46
+ Display Complete School Details

Parkwood Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

Tefft Middle School is a public middle school located approximately 0.3 miles away.
Map directions

Streamwood High School is a public high school located approximately 2.5 miles away.
Map directions

Innovations Academy Therapeutic Day School is a private elementary, middle and high school located approximately 0.1 miles away.
Map directions

+ Amenities and Community Features

Community Features: Park, Curbs, Sidewalks, Street Lights

+ Multi-Unit Info

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Unit 1 Total Actual Rent: 1375
Unit 2 Total Actual Rent: 1300
Unit 3 Total Actual Rent: 1500

+ Other Property Info

Annual Tax Amount: 12648.85
Source Listing Status: Active Under Contract
County: Cook
Directions: Irving Park Rd west to East Ave, south to Briarwood, west to Astor ave.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 06253020470000
Township: Hanover
Property Subtype: Two to Four Units
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2023-12-29
$485,000
MRED

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Listed 2023-12-18
$499,900
MRED

+ Building and Construction

Year Built: 1972
Property Age: 52

+ Utilities

Sewer: Public Sewer
Water Source: Lake Michigan