9516 S Kolin Ave - Apartments FOR SALE


Oak Lawn, IL 60453
$950,000 USD
9516 S Kolin Ave, Oak Lawn, IL for Sale
$950,000 USD
Apartments - FOR SALE
1/1
null | 8.3% Cap Rate

9516 S Kolin Ave
Oak Lawn, IL 60453


HIGHLIGHTS

  • Desirable location - southwest suburbs
  • 100% occupancy
  • Low expenses
  • Solid brick building

OVERVIEW

*** PRINCIPLES ONLY*** Fully rented 6 Unit brick building for sale in the heart of Oak Lawn IL. 8.3% CAP RATE Desirable location in highly divers and densely populated southwest suburb with great demand for rental properties. Turn key building binging annual NET income of $79,000. With annual rental income of $103,200 plus additional income from coin laundry and low expenses $29,000/ yr- this is a great cash flow property. Tenants pay their own gas bill. *** PRINCIPLES ONLY please***

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

6

PRICE/UNIT

$158,333

CAP RATE

8.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Multifamily

APN/PARCEL ID

24-10-200-014-0000

ASK ABOUT THIS PROPERTY

Ned MalleyInfiniti PropertiesMore Info

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Ned MalleyInfiniti PropertiesMore Info

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