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$ 1,200,000
Est. payment | /mo
5,000 SqFt
$ 1,200,000
Est. payment | /mo
5,000 SqFt
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 $240
MLS Listing ID 12537789
Maintenance Fees $600
Year Built 1968
Annual Tax Amount $15,245
Tax Year 2024
Lot Dimensions 55X109
Property Sub-Type Multi Family 5+
Property Description
Turnkey, cash-flowing 6-unit investment in the heart of Des Plaines. Property is fully leased to quality tenants, delivering immediate, consistent rental income from day one. Fully renovated with modernized units and major capital improvements already completed, including a new roof, new windows, new plumbing, and new electrical, minimizing future maintenance and capital expenses. Desirable location near shopping, dining, and recreation ensures strong tenant demand and long-term occupancy. Strategically priced for the area, making this an excellent opportunity for investors seeking stable cash flow, reduced risk, and long-term appreciation. True turnkey asset that adds to your portfolio with confidence.
Location
State IL
County Cook
Area Des Plaines
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Prajesh Patel of Prime Real Estate Solutions
Helping buyers and sellers move with convidence