Dan DePorter
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Rare opportunity to own a spacious, legal 3-flat with three-bedroom units on every floor in River Grove! This well-maintained, income-producing brick building offers an excellent investment opportunity in a desirable location. Each spacious unit features 3 bedrooms and 1.5 baths, providing attractive layouts for tenants and strong long-term rental potential. The property has been thoughtfully updated and maintained, featuring newer kitchens in all three units, updated windows, hardwood flooring, granite countertops, stainless steel appliances, and copper plumbing throughout. Recent improvements also include new carpeting in the common staircases. Each unit features its own independent heating system, with tenants responsible for their own gas, heat, and electricity, helping keep operating expenses low. One boiler has been recently replaced, while the remaining two are in good working condition. Additional highlights include a full basement, income-generating coin-operated laundry, private driveway, and a garage that is currently rented for additional income. Multiple income streams and tenant-paid utilities make this an attractive investment opportunity.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Instavalue Realty Inc
773-392-5569
MRED MLS
MLS ID: 12788421
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8157 Walsh Lane, River Grove, IL 60171.
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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 | $819,000 | $819,000 | $819,000 |
| Down Payment | $163,800 | $28,665 | $204,750 |
| Monthly Mortgage Amount | $4,304 | $5,283 | $5,309 |
| Taxes | $1140 | $1140 | $1140 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $361 | $0 |
| Monthly Estimated Total | $5,683 | $7,023 | $6,688 |
Dan DePorter
REALTOR®
Office: (309) 743-8000
Cell: (309) 738-9333
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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