🚀 B-CLASS 7-UNIT! 🚀

*** ********* ***, ********, IL

17.44% return

SP: $385,000

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Property Description

AWESOME INVESTMENT OPPORTUNITY!!! 🚀🚀

Seize this Incredible 7-Unit Package: A 5-Unit Building PLUS a Duplex! With prime potential to raise rents and unlock major cash flow, this property promises serious income growth for the savvy investor. Each unit has separate electric and gas meters, meaning tenants cover their utilities—keeping your costs low and profits high!

📍 Nestled in a Highly Desirable, Upscale Neighborhood surrounded by beautiful homes, this investment is positioned for appreciation and long-term value. With rent adjustments, you could reach a stunning 17%+ NET ROI—making this a true cash-generating powerhouse!

For serious investors, this is your golden ticket to a high-yield future! 🌟

Property Information

Listing statusActive
Property typeMulti Family (2 properties)
Total units7
Total bedrooms14
Total bathrooms9
Building size6997 sq. ft.
Lot size0.4 acres
Year built1907 - 1910

County******** County
Subdivision********** *********
ConstructionFrame
RoofAsphalt Shingle
Water sourceCity water
Water disposalSewer
HeatingGas
CoolingCentral

Property Financial Summary

Sale price$385,000
Estimated rehab¹$7,500
Total investment$392,500

TypeProforma

Gross income (annually)$89,400
Operating expenses (annually)$20,942
Net income (annually)$68,458
Gross return22.78%

Gross income (monthly)$7,450
Operating expenses (monthly)$1,745
Net income (monthly)$5,705
Net return17.44%

Property Income & ExpensesMonthlyAnnual

Income

Unit 1: 2 bed / 1 bath$850/month$10,200/year
Unit 2: 2 bed / 1 bath$1,000/month$12,000/year
Unit 3: 1 bed / 1 bath$950/month$11,400/year
Unit 4: 2 bed / 1 bath$1,000/month$12,000/year
Unit 5: 1 bed / 1 bath$950/month$11,400/year
Unit 604: 3 bed / 2 bath$1,350/month$16,200/year
Unit 606: 3 bed / 2 bath$1,350/month$16,200/year
Total$7,450/month$89,400/year

Expenses

Insurance (estimated)$500/month$6,000/year
Property Taxes$582/month$6,980/year
Lawn care$100/month$1,200/year
Water and Sewer$440/month$5,280/year
Security Lights$11/month$126/year
Electric bill$91/month$1,092/year
Gas Utility Bill$22/month$264/year
Total$1,745/month$20,942/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

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