Home Size: 0 sqft
Style: Multi Unit or Apartment Building
ATTENTION, INVESTORS! ALL-BRICK APARTMENT BUILDING! FULLY OCCUPIED FOR TURNKEY INCOME! You don't want to miss this incredible opportunity! Pride of ownership shines throughout this six-unit apartment building, which is totally ready for you to buy and begin collecting income! Inside and out, you'll see this beautifully maintained building has been kept in excellent condition: the owner never allowed pets or smoking inside the units, and the tenants have taken exceptional care of the living spaces. Topped by a new roof, this building offers a total of six apartments, each with one bedroom and one full bath. The furnace has been recently inspected and is in excellent working condition. From beginning to end, you'll see quality care and maintenance is the defining feature of this must-see investment opportunity! This is an incredible chance to make a savvy purchase in the heart of Lombard. All of this building's units are currently rented by mostly long-term tenants, which explains the loving care shown throughout! Rents currently bring in $3800 per month; the owner pays water, heat and electricity (average $340 monthly), as well as garbage and insurance. These units open immediately to carpeted living rooms where the carpeting has been replaced throughout when deemed necessary. These apartments also all have sleeve A/C units, hot-water heat and ceiling fans in the kitchens, which are filled with either tile or linoleum flooring. All of the appliances are owned by the building owner throughout. Each residence further provides one tiled full bathroom with a standard shower/tub combination and a single vanity. Adding to this building's desirability and value, it offers even more amenities, such as a storage/utility room that gives each tenant a small, locked storage area.
The basement laundry houses a coin-operated washer/dryer set that brings in approximately an extra $45 monthly. Plus, around back, the rear parking lot offers one assigned space for each tenant. Taxes here are $9541.70. This property is ideally located in Lombard, an established, friendly community with six public school districts, easy access to shopping in both the quaint downtown or at Yorktown Center, tranquil parks, several golf courses and historic sites such as Lombard Historical Museum and Sheldon Peck Homestead. The Lombard Park District provides 450 acres of land that includes the beautiful 8.5-acre Lilacia Park, where you'll find 200 varieties of lilacs and 50 varieties of tulips that bloom each spring. In 2009, this park district also received the National Gold Medal in Excellence in Parks and Recreation. What a wonderful setting for your property! Other area opportunities include the nine-hole Western Acres Golf Course, Sunset Knoll Fitness Center and the new Paradise Bay Water Park! Ideally situated near I-355 and surrounded by the communities of Villa Park, Elmhurst, Oakbrook Terrace and Glen Ellyn, Lombard makes a wonderful suburb to call home. Nearby expressways and a Metra line make it easy to get into Chicago for work or for pleasure. Plus, even more than that, Lombard makes the perfect place to invest, especially in a solid-construction brick apartment building like this one. Not only is it fully occupied by long-term tenants, but it's been so well-maintained that there's nothing left for you to do but step into the role of building owner! What are you waiting for? Call now to schedule your private showing of this must-see property, and come see for yourself all it has to offer. Don't wait!