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531 Pasadena Avenue Crest Hill, IL 60403
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Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11807072
Sold Date 08/23/23
Year Built 1976
Annual Tax Amount $9,732
Tax Year 2021
Lot Dimensions LESS THAN .25 ACRES
Property Description
Strong cash-flowing, solid brick 6-unit building in Crest Hill, IL. The building features 3 levels of apartments with (5) 2-beds and (1) 1-bed and is all electric meaning lower operating expenses versus other comparable builds. The property contains 12 parking spaces. The units themselves are in exceptionally good condition versus similar buildings in the surrounding areas. Gross income has the potential to be raised from the current $81,300 to the market rent annual income of $94,200.
Location
State IL
County Will
Interior
Fireplace N
Exterior
View Y/N true
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Bought with Joseph Batliner • Citypoint Illinois LLC