This 5 rental property offers four residential units & a commercial tenants in a high demand rental market. With low maintenance requirements and upside for rent increases, this property is ideal for an investor seeking great cash flow.
Property Features
Bedrooms
Garage and Parking
- Garage Spaces: 1
- Garage Description: Total Spaces: 1
Land Info
- Lot Size Acres: 0.0803
- Lot Size Square Feet: 3497
Rental Info
- Gross Income: 55560
- Gross Scheduled Income: 69600
Homeowners Association
- Association Fee Frequency: Annual
- Pets Allowed: Call
Other Property Info
- Annual Tax Amount: 6328
- Source Listing Status: Active
- County: Lake
- Directions: Take I-94 Exit Ramp going north for Calumet Ave. Continue Straight for 4 miles. Turn right on 150th street. After a mile, turn left on Northcote Ave. Building is facing East from there. Park on the street.
- Tax Year: 2024
- Source Property Type: Residential Income
- Property Subtype: condo
- Source Neighborhood: Second Principal Meridian Sub
- Owner Pays: Common Area Maintenance, Water, Trash Collection, Taxes, Snow Removal, Sewer, Roof Maintenance, Repairs, Pest Control, Other Tax, Janitorial Service, Insurance, HVAC Maintenance, Grounds Care, Gas, Exterior Maintenance, Electricity
- Parcel Number: 450332127022000024
- Subdivision: Second Principal Meridian Sub
- Township: North
- Property Subtype: Apartment
- Source System Name: C2C
Commercial Info
- Net Operating Income: 35532
Building and Construction
- Year Built: 1918
- Above Grade Finished Area: 10080
- Levels: Two
- Property Age: 107
Utilities
- Sewer: Public Sewer
- Water Source: Public