10720 W Cermak RD Open House Save Request In-Person Tour Request Virtual Tour
Westchester,IL 60154
OPEN HOUSE
Sat Jun 07, 10:00am - 11:30am
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12372119
Bedrooms 12
Tax Year 2023
Lot Size 0.500 Acres
Lot Dimensions 100 X 225
Property Sub-Type Two to Four Units
Property Description
A Landlord's Dream! An immaculately maintained 4-unit building with oversized, updated 3 bed/2 bath units and a 4 car garage on a large lot. Newer cabinets/vanities, quartz countertops. Spacious primary bedroom in each unit with en suite bathroom. Each unit has separate systems including individual gas furnaces, AC, electric water heater and individual electric panels and there is also a common electric service as well. Email us for a list of dates of mechanicals, appliances, etc. Two units currently have individual washer/dryer units and there is a possibility of adding washer/dryer to the remaining two but there are already two sets of washer/dryers in the basement. Massive basement with individual storage units. A turnkey property that will be a great addition to any property portfolio. All units will be vacant by early July so sellers are requesting a mid July closing date. This building is owned by a religious organization so they have a religious exemption and do not pay any property taxes; if the new buyer is not a religious organization then the property taxes will increase (please ask your real estate attorney to estimate what they think they will increase to). There are no leases or rent rolls as the occupants did not pay rent to the church. Many identical adjacent buildings have been converted into condos so there could be great opportunity here. Photos are included for 2 of the 4 units but the other 2 units look very similar. Showings start Thur, June 5 and will be from 10am - 12pm due to tenants. No exceptions for early showings. Offers are due Mon, June 9 at 10am and a decision will be made by Wed, June 11 at noon (12pm).
Location
State IL
County Cook
Area Westchester
Rooms
Basement Unfinished,Storage Space,Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 4.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Westchester Primary School
Middle Schools Westchester Middle School
High Schools Proviso West High School
School District 92.5 ,92.5, 209
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany