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