Sold

Closed

9830-32 W Grand Avenue

Franklin Park IL, 60131

$755,000


Sold

Closed

Multi-family

Built in 1965

Courtesy of Caporale Realty Group

Prime investment opportunity to add to your portfolio. Attractive, All brick, well maintained 8 unit building in Prime Franklin Park Location maintained by the same ownership for over 30 years! This asset is comprised of 7 -1 bedroom units and 1 studio. Spacious units featuring hardwood floors, ample closet space, oak cabinet kitchens with ceramic tile flooring in most, including ceramic tiled bathrooms. Tenants have the convenience of Storage units and on-site laundry, owned by the Seller. Separate secure boiler room. 8 parking spots directly behind the building. Long term tenants-rents should be higher, 6 of the 8 units are month to month. Rents are low and can be much higher. Similar 1 bedroom units in the area are renting for $1,350/month, Studio units $800. Raising rents to market rate would generate an additional 27k annually. Property is located in a flood zone, seller has begun the appeal with FEMA.

12070978

MLS ID

May 31, 2024

Listed

November 25, 2024

Updated

Map

9830-32 W Grand Avenue
Franklin Park IL, 60131

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Wall Sleeve


Heating

No

Exterior/Building Features

Roof

Composition

Other Property Details

Area Name

Franklin Park


Taxes

$18,426


Tax Frequency

Annually


Days on Market

102


Garage

No


View

No


County

Cook


Municipality

Leyden


Pool

No

Listing History

Date

Event

Price

11/19/2024

Sold

$755,000

9/10/2024

Under contract

7/26/2024

Price change

$799,900

-4%

Courtesy of Caporale Realty Group, Lisa Graziani-Divito,
Listing Contact: 708-417-0612 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Francesco Campobasso are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 5:00 PM UTC, 11/25/2024

 

 

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