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$875,000
Est. payment /mo
5,000 SqFt
Price Dropped by $24K
7403 W 71st ST Bridgeview, IL 60455
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UPDATED:
12/01/2024 06:06 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $175
MLS Listing ID 12152298
Maintenance Fees $2,500
Year Built 1974
Annual Tax Amount $14,150
Tax Year 2023
Lot Size 9,147 Sqft
Lot Dimensions 7710
Property Description
Priced to sell fast! Highest and best offers only! Attention serious investors or large families. Multiple offers already received-we are now calling for your highest and best offers. Pre-approval required to submit offers and schedule showings. Discover an unparalleled opportunity with this fully remodeled five-unit apartment building in the highly desirable Bridgeview area. Offering a perfect blend of modern amenities, recent upgrades, and exceptional income potential, this property stands out for both investors and families seeking spacious living options. The building includes four spacious one-bedroom units and one large three-bedroom, two-bath unit-ideal for large families or those seeking more space. Every unit is equipped with high-efficiency systems and energy-efficient appliances, including fridges, stoves, and wall-unit ACs, ensuring low operating costs and high tenant satisfaction. LED lighting throughout the hallways, smoke and carbon monoxide detectors, and coin-operated laundry facilities (with rapidly increasing revenue) make this building both safe and profitable. Major renovations include a new roof and gutters (5 years ago), new windows (6 years ago), a new water heater (2 years ago), and most appliances upgraded within the past year. Elegant pinewood trim adds durability and charm throughout. Separate gas and electric utilities allow tenants to manage their own usage, maximizing profitability. Situated in a prime location near schools, restaurants, gyms, Walmart, Pete's Market, SeatGeek Stadium, and more, this property ensures high demand, whether for tenants or a large family seeking a permanent home. This apartment building is not just an investment-it's a versatile, strategic asset designed for consistent income and future growth, while also offering a perfect home for large families. Submit your highest and best offer before it's gone!
Location
State IL
County Cook
Area Bridgeview
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
Others
HOA Fee Include Parking,Exterior Maintenance,Lawn Care,Snow Removal
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mohammad Mohammad • Chicagoland Brokers, Inc.