Franklin Park, IL 60131,9830-32 W Grand AVE
Franklin Park, IL 60131,9830-32 W Grand AVE
Franklin Park, IL 60131,9830-32 W Grand AVE
17
$755,000
$799,900
5.6%
Est.Price: ?

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9830-32 W Grand AVE Franklin Park, IL 60131

Est. payment /mo
SOLD DATE : 11/19/2024

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Key Details

Sold Price $755,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12070978

Sold Date 11/19/24

Year Built 1965

Annual Tax Amount $18,426

Tax Year 2023

Lot Dimensions 8750

Property Description

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.

Location

State IL

County Cook

Area Franklin Park

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

Roof Type Composition

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Lisa Graziani-Divito • Caporale Realty Group
Bought with Patrick Giuliano • Agent Realty Partners

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Ryan Ivemeyer

Broker | License ID: 471.021972

+1(815) 342-6942

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