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60154
60154
W88° 6' 36.7''
N41° 50' 54.9''
Contact Info
Shay Hata
1004527
Property Description

OFFER HAS BEEN VERBALLY ACCEPTED PENDING PAPERWORK AND WE HAVE DOZENS OF BACK UP OFFERS. PLEASE NO PHONE CALLS. A Landlords Dream! An immaculately maintained 4-unit building with oversized, updated 3 bed/2 bath units and a 4 car garage on a large lot. Newer cabinets/vanities, quartz countertops. Spacious primary bedroom in each unit with en suite bathroom. Each unit has separate systems including individual gas furnaces, AC, electric water heater and individual electric panels and there is also a common electric service as well. Email us for a list of dates of mechanicals, appliances, etc. Two units currently have individual washer/dryer units and there is a possibility of adding washer/dryer to the remaining two but there are already two sets of washer/dryers in the basement. Massive basement with individual storage units. A turnkey property that will be a great addition to any property portfolio. All units will be vacant by early July so sellers are requesting a mid July closing date. This building is owned by a religious organization so they have a religious exemption and do not pay any property taxes; if the new buyer is not a religious organization then the property taxes will increase (please ask your real estate attorney to estimate what they think they will increase to). There are no leases or rent rolls as the occupants did not pay rent to the church. Many identical adjacent buildings have been converted into condos so there could be great opportunity here. Photos are included for 2 of the 4 units but the other 2 units look very similar. Highest and best offers are due Mon, June 9 at 10am and a decision will be made by Wed, June 11. Price escalation riders and love letters will not be accepted.

10720 W Cermak Road

Westchester, Illinois 60154, United States

  • Bedrooms : 12
  • Bathrooms : 8
  • Square Footage: 21,780 Sqft
$750,000
Listing ID#139857
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 139857
Ref ID : 405606615
Price : $750,000
Bedrooms : 12
Bathrooms : 8
Square Footage : 21,780 Sqft
Lot Area : 0.50 Sqft
MLS : 12372119
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Agent info
Shay Hata
Chicago
Chicago
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