14501 Richmond Avenue, Posen, Illinois 60469


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$275,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 2002
Property Taxes: $6,811
Days On Market: 2313
Lot Size: 0,07
Map
Street View

Description

HERE IS A 3 UNIT BUILDING THAT WILL PRODUCE $42,600 A YEAR!! UNDER $300,000! CAP RATE IS 11.5% . THIS BUILDING IS THE NEWEST IN THE NEIGHBORHOOD BY 30 YEARS! WHY OWN A 4 UNIT WHEN YOU CAN OWN A 3 FOR THE SAME PRICE AND RENT ROLL? THIS PROPERTY CONSISTS OF TWO- 3 BEDROOM/1.5 BATH UNITS AND ONE- 2 BEDROOM/1 BATH UNIT. ALL TENANTS PAY THEIR OWN UTILITIES (WATER,ELECTRIC,GAS). ALL OWNER PAYS IS GARBAGE AND COMMON UTILITIES. CENTRAL AIR IN ALL UNITS! LAUNDRY ROOM HAS COINED WASHER AND DRYER FOR ADDITIONAL INCOME. BUILDING CURRENTLY OCCUPIED BY 1 TENANT. 2 UNITS AVAILABLE AND READY TO RENT! SECTION 8 APPROVED! TAXES HAVE BEEN FOUGHT AND REDUCED FROM $10,000 TO $6,000! AGENT OWNED PROPERTY

Property Specifics

Multi-unit
2002
None
No
0.07
Cook
— / —
Public
Public Sewer
10443671
28121140010000

Property History

DATE: EVENT: PRICE: SOURCE:
22 Aug, 2014 Sold $179,500 MRED MLS
30 Jun, 2014 Under contract $189,900 MRED MLS
11 Jun, 2014 Listed for sale $189,900 MRED MLS
10 Oct, 2019 Sold $275,000 MRED MLS
21 Aug, 2019 Under contract $275,000 MRED MLS
9 Jul, 2019 Listed for sale $275,000 MRED MLS
15 Sep, 2022 Sold $374,000 MRED MLS
4 Aug, 2022 Under contract $350,000 MRED MLS
23 Jul, 2022 Listed for sale $350,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: None
Basement Description: None

Other Specifics

50X125
Not in DB
Sidewalks, Street Lights, Other

Tax History

Year Property Taxes
2014 $8,500
2019 $6,811
2022 $10,004

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Contact Agent

Listing Provided By

Keller Williams Chicago-Lakeview