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1556 N 31st Avenue

Melrose Park, IL 60160
  • $480,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • MLS #: 11703425
Under Contract
UPDATED: 58 min ago
$480,000
  • 8
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

School District:
89

Description

Looking for an excellent investment opportunity? Look no further! This beautifully maintained 3 flat building is a fantastic investment that is sure to provide you with great returns. Each of the three units is fully rented, so you can start generating income right away. The second and third floor units boast 3 spacious bedrooms each. The garden unit features 2 bedrooms and an updated kitchen with new appliances. The building itself is in excellent condition, with newer windows that come with a lifetime warranty. The long driveway leads to a 2 car brick garage, providing ample parking for tenants and visitors alike. The owner has made many updates to the building. With an easy cash flow and a prime location, this 3 flat is the perfect investment for anyone looking to expand their real estate portfolio. 48 hours noticed required to show.

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© 2023 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 Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-03-28T15:59:22.193 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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1556 N 31st Avenue Melrose Park, IL 60160

  • Price: $480,000
  • Status: Active Under Contract
  • On Site: 45 Days
  • Updated: 58 min ago
  • MLS #: 11703425
8
Beds
0
Baths
0
½ Baths
0.11
Acres
1961
Built
Neighborhood:
Melrose Park
County:
Cook
Area:
Melrose Park
School District:
89
Property Description
Looking for an excellent investment opportunity? Look no further! This beautifully maintained 3 flat building is a fantastic investment that is sure to provide you with great returns. Each of the three units is fully rented, so you can start generating income right away. The second and third floor units boast 3 spacious bedrooms each. The garden unit features 2 bedrooms and an updated kitchen with new appliances. The building itself is in excellent condition, with newer windows that come with a lifetime warranty. The long driveway leads to a 2 car brick garage, providing ample parking for tenants and visitors alike. The owner has made many updates to the building. With an easy cash flow and a prime location, this 3 flat is the perfect investment for anyone looking to expand their real estate portfolio. 48 hours noticed required to show.
Exterior Features

Exterior Building Type Brick Garage Details Garage Door Opener(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Garage Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 3 Half Baths In Building 0 Heating Natural Gas Rooms Total 14

Property Features

Age 61-70 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Melrose Park General Information None Gross Income 43200 Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 9012.91 Tax Year 2021 Total Numberof Unitsin Building 3 Total Rental Income 43200 Township Leyden Type Two To Four Units Water Source Lake Michigan Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Premiere Properties: 630-545-9860.


© 2023 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 Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-03-28T15:59:22.193 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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Westchester IL, 60154