9040 Keating Ave., Skokie, IL 60076

9040 Keating Ave., Skokie, IL 60076
Photo 1 of 1
$480,000
Sold on 9/21/16
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $10,205 1951
On the market: 85 days
View full details, 15 photos, school info, and price history
*only backup offers* Price lowered w/ higher rent roll with several recent CapEx improvements made to the building. Large four-flat brick building, identical (4) 2BD+Den/1BA, central HVAC, separated utilities, (4) parking spaces. Long-term owner has kept building fully occupied with very long-term tenants. Tenants pay their heat/gas, electric (1 W/D). 1 newly replaced A/C unit w/ 10YR first-time manufacturer warranty. Upgraded electrical and new windows in 2010. Sewer line repaired, concrete underneath the rear enclosed porches this year. Both sewer lines rodded with the cleaning of the catch basin. Good school districts, easy access to CTA Swift & Buses. Easily achieve a 10% cap rate with pro forma market rents earning $60K/yr. Operating at a 7% cap at one of the lowest list prices on MLS for Skokie 4-units. Great turnkey opportunity for any investor, or an owner occupant. 2015 taxes (paid in 2016) and actual utility costs disclosed in additional information tab above
Listing courtesy of Cecil Sabu, S Hansen Realty Inc.