ClosedPrice Reduced

$649,900

$669,500
533 Skokie Avenue, Highland Park, IL 60035
6 Beds4 Baths24 days
533 Skokie Avenue·Highland Park, IL 60035
6Bedrooms
4Bathrooms
1950Year Built
About This Home

Nestled in East Highland Park, minutes from downtown Highland Park and Highwood, this fully remodeled townhome-style duplex presents a compelling investment opportunity. There are two 3 bed/2 bath units (2,800 sq ft total), separately metered, producing $68,100 in rent/year, with a cap rate of ~7.0%. Both units feature remodeled kitchens and bathrooms, new Anderson bedroom windows and refinished hardwood flooring. Each unit has a separate parking lot, with its own carport. The building has a brand-new roof, modern fencing, and an elegant landscape design. The first unit rents for $2,725, lease ending May 31, 2025, while the second rents for $2,950.00 with the same lease end date. Tenants pay all utilities, the owner pays landscaping, water/sewer and snow removal. If you're looking to acquire a mini portfolio, consider buying this along with another 3 units (~7% cap rate) in neighboring Highwood (see MLS#: 12124587)

MLS# 12126880Listed August 1, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms16

Size & Structure

Year Built1950
Lot Size9762

Location

CountyLake
TownshipMoraine
Zip Code60035

Financial

List Price$649,900
Original Price$669,500
Annual Taxes (2022)$11,767
Monthly Tax Est.$981
Parcel #16231010280000
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+

Basement

Exterior EntryWalk-Out Access
Exterior & Lot

Construction

Brick

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AssignedOn SiteOwned
HOA & Community

Community Features

Sidewalks
Tax & Financial
Annual Taxes
$11,767
Tax Year 2022
Monthly Tax Est.
$981
per month
Price Reduced by $19,600
Original list price: $669,500
Property Location

533 Skokie Avenue, Highland Park, IL 60035Lake County

$649,900
533 Skokie Avenue
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
9762
$11,767/yr taxes
Price reduced $19,600
$4,396
estimated monthly payment
Principal & Interest
$3,416/mo
Property Tax
$981/mo
$649,900
20% — $129,980
3%50%
6.875%
3%12%
Loan Amount
$519,920
Down Payment
$129,980

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

Listed by
Berg Properties
Agent: Scott Berg
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