9516 S Kolin Ave - Apartments FOR SALE


Oak Lawn, IL 60453
$975,000 USD
9516 S Kolin Ave, Oak Lawn, IL for Sale
$975,000 USD
Apartments - FOR SALE
1/1
null | 7.7% 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*** TURN-KEY INVESTMENT! Fully rented 6 unit brick building in the heart of Oak Lawn. Superb location- densely populated southwest suburb with high demand for rental units. Great investment opportunity- 6 units- rented out with solid tenants. Clean and well kept building. New roof. 5 two bedroom units and 1 one bedroom unit. Month to month tenants. Rear parking lot & laundry on premise (with additional income). Walking distance to Christ Hospital, transportation and local shopping and restaurants. Strong investment with solid income. Tenants pay their own gas bill. *** PRINCIPLES ONLY please***

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

6

PRICE/UNIT

$162,500

CAP RATE

7.7%

% 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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