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488 Darlene Lane #A Glendale Heights, IL 60139
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Key Details
Sold Price $120,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 795 sqft
Price per Sqft $150
Subdivision Cambria
MLS Listing ID 11206192
Sold Date 04/25/22
Bedrooms 2
Full Baths 1
HOA Fees $229/mo
Year Built 1973
Annual Tax Amount $3,693
Tax Year 2020
Lot Dimensions COMMON
Property Description
***INVESTORS DREAM*** UPDATED END UNIT WITH A TREMENDOUS LEASE WITH QUARTERLY RENT DIRECT DEPOSITED FROM DUPAGE HOUSING! OWNED BY CURRENT INVESTOR FOR 10+ YEARS WITH THE SAME TENANT FOR 8+ YEARS. NEWER CABINETS, NEWER LAMINATE FLOORS, WHITE TRIM AND WHITE DOORS. RENTED AT $ 1215 PER MONTH WITH DUPAGE HOUSING PAYING $ 1184 MONTHLY VIA DIRECT DEPOSIT ON THE FIRST OF EACH QUARTER (3 MONTHS AT A TIME)! TENANT ONLY PAYS $ 31 MONTHLY ALONG WITH ALL UTILITIES! LANDLORD PAYS ASSOCIATION FEE OF $ 229 PER MONTH. RHSP PROGRAM THROUGH DUPAGE HOUSING INCLUDES THE UNIT IN THE PROGRAM, NOT THE TENANT. IF THE TENANT MOVES OUT, THERE IS A WAITING LIST FOR A NEW TENANT! NEVER HAD A VACANCY OVER 1 MONTH SINCE PURCHASE! GREAT INVESTMENT FOR OFF-SITE INVESTOR-DIRECT DEPOSIT RENT AND DIRECT DEBIT ASSOCIATION DUES. MUST ASSUME EXISTING LEASE AND TENANT-NEWLY RENEWED LEASE AND A GREAT LONG TERM TENANT THAT WANTS TO STAY AS LONG AS POSSIBLE! CASH FLOW!!!
Location
State IL
County Du Page
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Appliance Range, Microwave, Dishwasher, Disposal
Laundry Gas Dryer Hookup, In Unit
Exterior
Exterior Feature Porch
Garage Detached
Garage Spaces 1.0
Community Features Bike Room/Bike Trails
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 15, 15, 87
Others
Pets Allowed Deposit Required
HOA Fee Include Insurance, Exterior Maintenance
Ownership Condo
Special Listing Condition None
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Bought with Shay Thakkar • ARNI Realty Incorporated