$635,000
Great opportunity for investment or owner-occupancy with rental income. This multi-unit property in Elmwood Park features three units and a garage. The building includes two 2-bedroom apartments and one 1-bedroom apartment. All utilities are separate, and all units are currently rented. The property is located in the Elmwood Park school district, close to shopping, public transportation, and entertainment. The building is well-maintained and has seen regular updates. In recent years, the water heater, dishwasher, and window air conditioners in the units have been replaced. Additionally, a standard garage door has been installed, the front door has been painted, fitted with a new lock and weather screen, and plumbing repairs have been completed. Major updates also include new windows, new boilers, and a brand-new electrical panel for the house (separate from the units). Monthly utility expenses (water, trash, and winter gas) average around $400 pays by the owner. There is potential to increase rental income from both the units and the garage. Contact me for more information or to schedule a private showing.
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7907 Belmont Avenue, Elmwood Park, IL 60707 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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