Ignite FB Tracking Pixel9830-32 W Grand Avenue, Franklin Park, IL 60131 - Sherry Apollo
Hometown Real Estate
Sherry Apollo, Hometown Real EstatePhone: (312) 816-4785
Email: [email protected]
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listing
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CommercialFor Sale
$799,900
9830-32 W Grand Avenue
Franklin Park, IL 60131
Courtesy of Caporale Realty Group
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
Est. Mortgage
$4,229/mo

Prime investment opportunity to add to your portfolio. Attractive, All brick, well maintained 8 unit building in Prime Franklin Park Location maintained by the same ownership for over 30 years! This asset is comprised of 7 -1 bedroom units and 1 studio. Spacious units featuring hardwood floors, ample closet space, oak cabinet kitchens with ceramic tile flooring in most, including ceramic tiled bathrooms. Tenants have the convenience of Storage units and on-site laundry, owned by the Seller. Separate secure boiler room. 8 parking spots directly behind the building. Long term tenants-rents should be higher, 6 of the 8 units are month to month. Rents are low and can be much higher. Similar 1 bedroom units in the area are renting for $1,350/month, Studio units $800. Raising rents to market rate would generate an additional 27k annually. Property is located in a flood zone, seller has begun the appeal with FEMA.

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