Crest Hill, IL 60403,609 Pasadena Avenue
Crest Hill, IL 60403,609 Pasadena Avenue
Crest Hill, IL 60403,609 Pasadena Avenue
38
$700,000
$775,000
9.7%
Est.Price: ?

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609 Pasadena Avenue Crest Hill, IL 60403

Est. payment /mo
SOLD DATE : 08/23/2023

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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 11807089

Sold Date 08/23/23

Year Built 1976

Annual Tax Amount $9,732

Tax Year 2021

Lot Dimensions LESS THAN .25 ACRES

Property Description

Quality, stabilized 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. In addition to being well maintained, the roof and windows have been replaced within the past 7 years and the units are in solid, rental grade condition. The property contains 12 parking spaces. Gross income is currently at a healthy $79,200 per year however Crest Hill's rents have been soaring in recent years allowing gross rents to come up to a market rent exceeding $94,000.

Location

State IL

County Will

Interior

Fireplace N

Exterior

View Y/N true

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Listed by Robert Rixer • Citypoint Illinois LLC
Bought with Joseph Batliner • Citypoint Illinois LLC

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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