Melissa Zell
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Introducing a remarkable multi-unit building in the heart of Summit. Offering a lucrative investment opportunity for savvy buyers. This fully leased six-unit property boasts a low vacancy rate, ensuring consistent cash flow and long-term stability. Enjoy immediate returns with all six units fully leased, creating a reliable income stream in a highly sought-after rental market. Experience peace of mind with a proven low vacancy rate, demonstrating strong tenant demand and satisfaction. The property features a robust cap rate, indicative of strong financial performance and an excellent investment potential. Significant renovations have been completed in 2023, including: A brand-new roof enhances the building's structural integrity and aesthetic appeal. Upgraded windows & doors to improve energy efficiency and contribute to tenant comfort. Enhancements to the garage, including new siding, door, and light fixtures, bolster both functionality and curb appeal. With its excellent financial performance, extensive upgrades, and prime location, this six-unit building in Summit, is a fantastic opportunity for investors seeking a well-performing asset with long-term growth potential. Don't miss your chance to capitalize on this exceptional listing!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
Century 21 New Beginnings
708-576-8909
MRED MLS
MLS ID: 12603836
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7412 W 63rd Place , Summit, IL 60501.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $737,000 | $737,000 | $737,000 |
| Down Payment | $147,400 | $25,795 | $184,250 |
| Monthly Mortgage Amount | $3,488 | $4,339 | $4,516 |
| Taxes | $1026 | $1026 | $1026 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $324 | $0 |
| Monthly Estimated Total | $4,729 | $5,904 | $5,757 |
Melissa Zell
REALTOR®
Cell: (717) 574-0835
Licensed in IA & IL
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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