1243 Brown Street, Des Plaines, Illinois 60016
$225,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 1,000 |
| Cost/Sqft: | $225 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1972 |
| Property Taxes: | $2,964 |
| Days On Market: | 5 |
| Lot Size: | 0,00 |
Description
Welcome to this well maintained tenant-occupied condo at 1243 Brown St, Unit 2G, in Des Plaines. Last renovated in 2023. Stainless steel appliances, renovated kitchen and bathroom. Desirable Des Plaines location close to shopping, dining, transportation, parks, and major roadways. Excellent investment opportunity with Significant Rental Upside! The property comes with a tenant in place through March 29, 2027, providing an investor with immediate rental income and the opportunity to plan for a potentially substantial rent increase when the current lease expires. Opportunity to increase the monthly rent with $300+ in March 2027. Owner is a licensed real estate agent in IL. **Tenants residing in unit, Showings need days notice.
Property Specifics
| Condos/Townhomes | |
| 3 | |
| — | |
| 1972 | |
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| No | |
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| Cook | |
| — | |
| 332 / Monthly | |
| — | |
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| 12753133 | |
| 09174050291013 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
North Elementary School |
62 | — | |
|
Middle School
Chippewa Middle School |
62 | Not in DB | |
|
High School
Maine West High School |
207 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 25 Aug, 2023 | Sold | $124,000 | MRED MLS |
| 14 Aug, 2023 | Under contract | $100,000 | MRED MLS |
| 11 Aug, 2023 | Listed for sale | $100,000 | MRED MLS |
| 17 Nov, 2023 | Sold | $170,000 | MRED MLS |
| 25 Sep, 2023 | Under contract | $179,900 | MRED MLS |
| 21 Sep, 2023 | Listed for sale | $179,900 | MRED MLS |
| 7 Sep, 2026 | Listed for sale | $225,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| COMMON | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $2,964 |
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Listing Provided By
Runway Realty Inc
