Photo 1 of 35
$775,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
8 |
0.00 |
0 |
$15,818.88 |
1956 |
On the market:
70 days
|
View full details, 15 photos, school info, and price history
LARGER THAN THE TRADITIONAL SKOKIE 4-UNIT THIS IS AN EXTRA WIDE LOT (SIX FULL REAR PARKING SPACES) WITH 2BD/1BA UNITS THAT BOAST AN EXTRA LIVING / DINING AREA! CONDO CONVERSION COMPLETED WITH FULLY OCCUPIED 4-UNIT W/ 6-PARKING SPACES SKOKIE BUILDING WITH LONG TERM TENANTS FOR A DECADE AND LEASES THRU MAY 2025 ($1400 RENTAL RATE PER UNIT IS BELOW MARKET RENT DUE TO LONG TERM OCCUPANCY) - OWNER HAS ALREADY CONVERTED THE UNITS INTO FOUR SEPARATE CONDO PINS AND OWNS ALL OF THEM - YOU COULD ALSO CLAIM HOMEOWNER EXEMPTION AS THE OWNER HAS NOT CLAIMED **ONLY LOOKING TO SELL THE BUILDING AS A WHOLE TO AN INVESTOR OR OWNER OCCUPANT CAN EASILY MANAGE EXISTING RENT ROLL AND CONSIDER IMPROVEMENTS FOR THE FUTURE. BRAND NEWLY FINISHED REAR PORCH / STAIRS, AND CLEAN BASEMENT BELOW EACH SIDE OF THE BUILDING, ALSO HAS PLENTY OF STORAGE AND LAUNDRY IN-BUILDING. WELL MAINTAINED BUILDING WITH THE REAR STAIRS WERE JUST REPLACED TIME OF LISTING, AND FULL ELECTRICAL UPGRADED IN 2010! LOW LANDLORD UTILITY COST JUST WATER AND COMMON ELECTRIC (SEE REMARKS FOR BREAKDOWN), TENANTS PAY FOR THEIR OWN HEAT AND ELECTRIC. HIGHLY DESIRABLE SKOKIE LOCATION CLOSE TO I-90/94 AS WELL AS THE SKOKIE SWIFT CTA YELLOW LINE / RED LINE FEEDS INTO THE CITY! OWNER IS LICENSED AGENT.
Listing courtesy of Cecil Sabu, ALLURE Real Estate