You must be logged in to save properties to your favorites! Please log in.
Please Log In |
Apartment Building For Sale By Owner
FOR SALE: Renovated Brick 6-Flat Apartment Building in Lyons IL -100% Occupied
4533 Prescott Avenue, Lyons, Illinois 60534 United States
Description
Great Opportunity! (NOT ON THE MLS) Totally Renovated 6 Flat Apartment Building For Sale in Lyons Illinois. 100% Occupied with long-term stable tenants. Nice corner lot with great visibility on Prescott/Joliet Rd (Old Rt 66) in nice residential neighborhood with single family homes and good schools. New renovation means virtually no maintenance or late night calls. Nice investment and money-maker!
• 100% occupied, with long-term stable nice quiet tenants on 1 year leases. Always a waiting list. (No Sec-8's)
• This property's interior was gutted and renovated, wall to wall, in the last 5 years. Including updated electrical, electrical panels, electric meters, plumbing, doors, stairs, walls, windows, insulation, balconies, hardwire fire/smoke alarms, new appliances, carpet, tile floors, coin operated washers/dryers, HVAC most units, kitchen cabinets, bathrooms, light fixtures, storm windows, balcony doors, partial gutter replacement, roof, plumbing, water meter and backflow valve.
Over $325,000 in documented recent renovations.
• Tenants pay all electric utilities for their individual HVAC, Hot Water Heaters, Lights, Stove, etc.
• Coin operated washer and drier in lower level laundry room.
• Off-street, 10 space, private parking lot.
• Great central location to Chicago and suburbs - 7 minutes from two trains stations. 10 minute walk to bus stop. 5 minute drive to Stevenson Expressway.
Real Estate Agents with prequalified buyers welcome.
Price: | $595,000 |
Property Sub-Type: | Apartment Building |
Cap Rate: | 6.4 % |
Total Building Size: | 4200 SF |
No of Stories: | 3 |
No of Parking Stalls: | 10 |
Occupancy: | 100 % |
Listing ID: | 5828 |
Map of: 4533 Prescott Avenue, Lyons, Illinois 60534 United States