Closed

$538,500

440 3rd Avenue, Des Plaines, IL 60016
7 Beds4 Baths3 days
440 3rd Avenue·Des Plaines, IL 60016
7Bedrooms
4Bathrooms
1965Year Built
About This Home

ATTENTION INVESTORS! Here's your opportunity to own an income-producing property. This four-unit building features comfortable living spaces with three 2-bedroom units and one 1-bedroom, each with 1 full bath. All units are occupied with long-term tenants on month-to-month leases. Each unit has hardwood floors. Exterior windows have been replaced with double-pane vinyl sliders. Laundry room has coin-operated washer and dryer for extra income. Exterior parking for 8 vehicles. Conveniently located near Golf and Rand roads, this property is close to O'Hare-area shopping, dining and hospitals. Easy access to Pace bus, expressways and Oakton Community College. Invest with confidence! With stable tenants already in place, this property offers excellent ROI possibilities.

MLS# 12032431Listed April 22, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms15

Size & Structure

Year Built1965
Lot Size11,280 SQ. FT.

Location

CountyCook
TownshipMaine
Zip Code60016

Financial

List Price$538,500
Annual Taxes (2022)$13,380
Monthly Tax Est.$1,115
Parcel #09081030040000
Interior Features

Heating

Natural GasBaseboard

Basement

Crawl Space
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

UnassignedOn SiteOwned
Schools
Elementary
Cumberland Elementary School
District: 62
Middle School
Chippewa Middle School
District: 62
High School
Maine West High School
District: 207
Tax & Financial
Annual Taxes
$13,380
Tax Year 2022
Monthly Tax Est.
$1,115
per month
Property Location

440 3rd Avenue, Des Plaines, IL 60016Cook County

$538,500
440 3rd Avenue
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
11,280 SQ. FT.
$13,380/yr taxes
$3,945
estimated monthly payment
Principal & Interest
$2,830/mo
Property Tax
$1,115/mo
$538,500
20% — $107,700
3%50%
6.875%
3%12%
Loan Amount
$430,800
Down Payment
$107,700

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Carol August
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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