Closed

$525,000

8330 Central Park Avenue, Skokie, IL 60076
7 Beds5 Baths7 days
8330 Central Park Avenue·Skokie, IL 60076
7Bedrooms
5Bathrooms
About This Home

Amazing 3-flat opportunity in prime Skokie location across the street from McNally Park, John Middleton Elementary School, and close to Old Orchard Shopping Center Mall and the Skokie Northshore Sculpture Park! Both of the upper level units feature 3 beds and 1.5 baths, and tenants of both units love the large East-facing windows with abundant natural light, spacious dining area with seating for 6, ample kitchen storage, open space for in-kitchen dining, and generously sized bedrooms. Projected rent for these units is $1,650/month including parking, and the tenants of all 3 units have lived in the building for over a decade. The 1-bed 1-bath lower level unit provides projected additional income of $700/month including parking for a total projected gross annual income of approximately $48K - at a projected cap rate of 5.83%! Tenants love the shared backyard, and convenient basement laundry. Central Skokie location close to Evanston, the highway, Sam's Club and more! 2-car detached garage.

MLS# 11779085Listed May 11, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms5
Total Rooms7

Size & Structure

Garage Spaces2
Lot Size40X123

Location

CountyCook
TownshipNiles
Zip Code60076

Financial

List Price$525,000
Annual Taxes (2021)$12,305
Monthly Tax Est.$1,025
Parcel #10233070190000
Interior Features

Heating

Natural GasForced Air

Basement

Partially FinishedFullDaylight
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
John Middleton Elementary School
District: 73.5
Middle School
Oliver Mccracken Middle School
District: 73.5
High School
Niles North High School
District: 219
Tax & Financial
Annual Taxes
$12,305
Tax Year 2021
Monthly Tax Est.
$1,025
per month
Property Location

8330 Central Park Avenue, Skokie, IL 60076Cook County

$525,000
8330 Central Park Avenue
7 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
40X123
$12,305/yr taxes
$3,785
estimated monthly payment
Principal & Interest
$2,759/mo
Property Tax
$1,025/mo
$525,000
20% — $105,000
3%50%
6.875%
3%12%
Loan Amount
$420,000
Down Payment
$105,000

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

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

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