Team Brown
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Built in 2006, Income Producing & Room to Grow! This tenant-occupied 2-unit offers an opportunity to acquire a multifamily property with existing rental income and potential for future income growth. Each unit features 3 bedrooms, 1 full bath, separate living and dining rooms, kitchen, and wood flooring. Tenants pay their own utilities, helping reduce owner-paid operating expenses. Current rents may offer an opportunity for future increases based on prevailing market rents and subject to existing lease terms and applicable regulations. The gated rear yard includes a parking pad for convenient off-street parking. The property offers access to public transportation, neighborhood shopping and services, parks and recreation, major thoroughfares, the Illinois Medical District, and Downtown Chicago. With two 3-bedroom units, tenant-paid utilities, existing rental income, off-street parking, and 2006 construction, this property offers several features for consideration by a future owner. Tenant occupied; property is being sold subject to existing leases and tenant rights.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 2
County: Cook
Listed By:
Trademarks & Associates
773-306-0352
MRED MLS
MLS ID: 12752794
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3858 W Grenshaw Street, Chicago, IL 60624.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $385,000 | $385,000 | $385,000 |
| Down Payment | $77,000 | $13,475 | $96,250 |
| Monthly Mortgage Amount | $2,049 | $2,515 | $2,515 |
| Taxes | $536 | $536 | $536 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $169 | $0 |
| Monthly Estimated Total | $2,697 | $3,332 | $3,163 |
Team Brown
Cell: (563) 271-3037
Licensed in IA & IL (Moira)
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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