Lombard, IL

Property ID: CHI17000

$525,000

Property Details

Price:$525,000

Bedrooms: 6

Garage: None

Home Size: 0 sqft

Bathrooms: 6

Style: Multi Unit or Apartment Building

Subdivision:

Description

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!

Property Features
  • Fully Rented
  • Long Term Tntnts
  • 6 Unit Apartment Building
  • Well Maintained
  • $3800 In Rent
  • Taxes $9500
  • Owner Pays Heat/Water
  • New Roof
  • Appliances Included
Additional Details
  • Fully Occupied 6-Apt Bldg
  • Excellent Investment Oppty
  • Beautifully Maintained
  • New Roof, Inspected Furnace
  • Mostly Long-Term Tenants
  • Rents: $3800 Monthly
  • All Appliances Included
  • Storage Space for Ea Unit
  • Coin-Operated Laundry
  • Assigned Parking Spaces
  • Taxes: $9541.70
  • Near Parks/Golf/shopping
  • Wonderful Community
  • Near Golf & Fitness
  • Award-Winning Park District
  • Easy Access to 355/Metra
Listen to the Property Description
  • English
  • Spanish
Schools in the Area
Public Schools
Combined School
Phillip J Rock Center And School Combined School 1st - 12th 3.12
Glenwood Elem School & Academy Combined School 3rd - 12th 4.80
Mark Lund Childrens Home Combined School 1st - 12th 6.06
Proviso Area Except Child Center Combined School Pre-K - 12th 7.96
S E Reg Alternative Prog Combined School 2nd - 12th 9.16
Elementary School
Westmore Elementary School Elementary School K - 5th 0.21
Ardmore Elementary School Elementary School K - 5th 0.81
Wm Hammerschmidt Elementary School Elementary School K - 5th 0.88
Schafer Elementary School Elementary School Pre-K - 5th 1.09
Madison Elementary School Elementary School Pre-K - 5th 1.22
Pleasant Lane Elementary School Elementary School K - 5th 1.41
North Elementary School Elementary School K - 5th 1.59
Park View Elementary School Elementary School K - 5th 1.63
York Center Elementary School Elementary School 3rd - 5th 1.70
Manor Hill Elementary School Elementary School K - 5th 2.05
Junior High School
Hadley Junior High School Junior High School 6th - 8th 3.78
Butler Junior High School Junior High School 6th - 8th 4.69
Park Junior High School Junior High School 7th - 8th 7.40
Kennedy Junior High School Junior High School 6th - 8th 9.83
Lincoln Jr High School Junior High School 6th - 8th 11.78
Kindergarten / Preschool
East Early Childhood Center Kindergarten / Preschool Pre-K - K 8.29
Early Childhood Center Kindergarten / Preschool Pre-K - K 9.81
Middle School
Jackson Middle School Middle School 6th - 8th 1.00
Jefferson Middle School Middle School 6th - 8th 1.30
John E Albright Middle School Middle School 5th - 8th 1.76
Glenn Westlake Middle School Middle School 6th - 8th 2.11
Bryan Middle School Middle School 6th - 8th 3.19
Glen Crest Middle School Middle School 6th - 8th 3.43
Sandburg Middle School Middle School 6th - 8th 3.71
Churchville Middle School Middle School 6th - 8th 4.38
Marquardt Middle School Middle School 6th - 8th 4.64
Glenside Middle School Middle School 6th - 8th 4.88
Senior High School
Glenbard East High School Senior High School 9th - 12th 1.40
Willowbrook High School Senior High School 9th - 12th 1.45
York Comm High School Senior High School 9th - 12th 2.45
Glenbard West High School Senior High School 9th - 12th 3.15
Indian Trail Jr High School Senior High School 6th - 8th 3.54
Addison Trail High School Senior High School 9th - 12th 3.57
Partners For Success-Old Mill School Senior High School 6th - 12th 4.27
Westmont Jr High School Senior High School 6th - 8th 4.63
Westmont High School Senior High School 9th - 12th 4.68
Proviso West High School Senior High School 9th - 12th 5.14
Private Schools
Creative Montessori Learning Center Private Pre-K - K 0.41
St Pius X Elementary School Private Pre-K - 8th 0.53
Seton Academy Montessori Private UG 1.02
St Paul Christian Day Care Private Pre-K - K 1.06
St John's Lutheran Private Pre-K - 8th 1.15
St Alexander School Private K - 8th 1.15
Islamic Foundation School Private Pre-K - 12th 1.28
Sacred Heart School Private Pre-K - 8th 1.34
College Preparatory School Of Private Pre-K - 12th 1.43
Trinity Lutheran School Private Pre-K - 8th 1.48
Universities and Colleges
College Of Dupage College Lombard 1.06
College of Dupage-Ietc College Lombard 1.06
College Prep School of America School Lombard 1.06
DeVry University & Keller Graduate School of Management School Addison 1.06
DeVry University University Oakbrook Terrace 1.23
Loyola University Medical Center-Oakbrook Terrace University Oakbrook Terrace 1.23
Elmhurst College College Elmhurst 3.17
College Of Dupage College Addison 3.51
Devry University University Addison 3.51
Open Houses
Open House dates and times are provided by the seller
Start Date Start Time End Date End Time
Contact Owner

Marie Davenport

(630) 627-2397

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