Westmont – 4 Unit – Buy & Hold Sold

  • $445,000
  • 9 beds
  • 5 baths
  • 2,613 sqft
Sold
PROPERTY HIGHLIGHTS – W. 65th, Westmont, IL  60559

4 UNITS | FULLY OCCUPIED | 2,613 SF

This rarely-available FOUR unit property is being sold for only $445k and has GREAT house hacker potential in a B+ neighborhood.  It has ONE 3 bed/2 baths, THREE 2 Bed/1 Bath units!   Finished basement with additional owner’s office.  This property has been well maintained and all mechanicals have been updated or replaced over the last 10 years.

All units are occupied by long term tenants on M2M leases. Rents have not been increased since 2014 – leaving SO MUCH potential for increased income! The 2bed/1bath units are renting for $895-$905/month, however, market rents in the area are starting at $1150+. The 3 bed/2 bath unit is currently rented for $1300, however, market rent is closer to $1600.  Situated next to the Green Meadows Golf course.  Every apartment has a balcony, coin-operated laundry, storage lockers.Property is kept up nicely so not a lot of big recent updates aside from new carpeting, paint, and some windows.  Kitchens and bathrooms could use some cosmetic upgrades for a more contemporary feel but is not necessary. 

8 parking spaces in back for tenants.  Strategic location, close to Hwys, shopping, and dining.
Details:
Brick, 4 Unit
Finished Basement w/Office
Coin-Operated Laundry
Parking:  8 Spaces
Lot Size:  2,623 sq ft
Built: 1976
Taxes: $7,688 (2018)
Price:
$445,000
Address:
100 W 65th
Westmont, IL 60559
Square Feet:
2,613
Lot Size:
2,623
Bedrooms:
9
Bathrooms:
5
Terms:
For Sale
Property Type:
Apartment
Year Built:
1976
Basement:
Owner Duplex to basement/Laundry Room on other side
Const. Type:
Brick

Call (312) 564-4058 for more details

Property Location

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(312) 564-4058