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Completly Renovated 4 Unit Apartment Complex – $315000 (Lansing,IL)

Property ID: 19800
18116 Chicago Ave, Lansing,
il, United States
$315,000.00 For Sale
Apartments
  • 85
  • 0
  • 7 Bedrooms
  • 4 Bathrooms

Description

I am selling my just fully renovated 4 unit building. Building has passed full inspections and has the certificate of occupancy and the rental inspection completed and passed. Building has All brand new Industrial Hot water heaters; Brand new gas furnaces in each unit; Brand new premium Ceramic tiles in all kitchens and bathrooms; brand new chocolate colored kitchen cabinets with extra counter space; Premium chrome dual basket stainless sinks with built in soap dispenser; Brand new full size Kenmore stainless steel appliances and New Whirlpool stainless steel microwaves built in; Brand new premium carpeting in the lower living areas and refinished hardwood floors in the upstairs units; Chocolate covered vanity and medicine cabinet. Brand new Whirlpool coin washer and dryer in the common area.

ONLY REASON IM SELLING IS BECUASE IM MOVING FROM ILLINOIS.

Upper Units :

Two, 2 Bedroom 1 Bathroom

2E: $1030 Rented
2W: $950 Rented

Lower Units

1E: $950 Rented 2 Bedroom 1 Bathroom
1W: $900 1 Bedroom 1 Bathroom

Gross revenue: $48960

Mortgage: $14328

Taxes: $10000

Yearly Maintenance: $1800

Net Revenue: $22832

JIM
call or text:
☎ (312) 880-8774

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