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2521 Terrace Avenue Lynwood, IL 60411
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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11117952
Sold Date 09/08/21
Bedrooms 9
Year Built 1976
Annual Tax Amount $13,059
Tax Year 2019
Lot Size 0.300 Acres
Lot Dimensions 13,050 SQUARE FEET OF LAND
Property Description
Long term owners looking to retire from a solid investment. Property has generated good income over the years. Long terms tenants with below market rents that are ready to be increased. Building is solid and in good condition. looking for new owners who are looking to plan or add to their retirement. Newer, roof, hot water tank and furnace. Coin operated washer and dryer generates additional income. Large basement give owner access for possible duplex to one of the first floor apartments. Currently this is the only four unit in the area and chances R it won't last long! At the present time we are only showing two of the apartments and the basement. The owner will provide access to the entire building upon receipt of an offer.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront true
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 206, 206, 206
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Varine Hampton • Centurion Realty & Estates
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