1636 Mannheim Road, Westchester, Illinois 60154


$524,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1969
Property Taxes: $9,111
Days On Market: 984
Lot Size: 0,06
Map
Street View

Description

Welcome to a prime investment opportunity in Westchester, IL! This charming 3-unit brick building boasts a full finished basement and six dedicated parking spaces at the rear, providing convenience for residents. The sizable units are a standout feature of this property. The first and second-floor residences each offer three bedrooms and 1.5 baths, and they are currently leased, ensuring a steady income stream. These units have recently undergone updates, including hardwood floors, new window air conditioners, spacious kitchens, and dining areas, enhancing the overall appeal. The garden unit, recently renovated with a new kitchen and appliances, presents an attractive and modern space for potential tenants. Currently vacant, this unit is ready for a new owner to either rent it out for additional income or move in and enjoy living rent-free. Residents will appreciate the comfort and style of these well-maintained living spaces. Location is key, and this property is strategically situated near the library, schools, expressways, and the Oak Brook shopping center. It's an ideal location for tenants seeking both convenience and accessibility. Investors will find this property particularly attractive, considering the current lease agreements and the potential for increased income. Take note of the coin laundry facility located in a separate section of the basement, providing an additional income stream for savvy investors. Recent updates, such as a new wooden fence and a new GFA furnace in the basement, 2nd floor unit was updated with refinished hardwood floors in all the rooms, and tiled flooring in the kitchen that contribute to the property's overall appeal and value. Don't miss out on this fantastic investment opportunity. Schedule your appointment today to explore the potential of this Legal 3-unit rental building in Westchester, IL. The City of Westchester compliance certificate can be found in "Additional information", there are no repairs required by the City.

Property Specifics

Multi-unit
1969
No
0.06
Cook
— / —
11951395
15204080350000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Westchester Primary School
92.5
Middle School
Westchester Intermediate School
92.5 Not in DB
High School
Proviso West High School
209 Not in DB
Alternate Junior High School
Westchester Middle School
Not in DB
Alternate High School
Proviso Mathematics And Science
Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
24 Feb, 2016 Sold $186,100 MRED MLS
25 Jan, 2016 Under contract $179,900 MRED MLS
19 Jan, 2016 Listed for sale $179,900 MRED MLS
23 Nov, 2022 Sold $430,000 MRED MLS
15 Sep, 2022 Under contract $440,000 MRED MLS
Last price change $450,000 MRED MLS
9 Aug, 2022 Listed for sale $450,000 MRED MLS
12 Feb, 2024 Sold $524,000 MRED MLS
30 Dec, 2023 Under contract $520,000 MRED MLS
26 Dec, 2023 Listed for sale $520,000 MRED MLS

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: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Finished

Other Specifics

49X106
Not in DB

Tax History

Year Property Taxes
2016 $3,800
2022 $8,618
2024 $9,111

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Contact Agent

Listing Provided By

HomeSmart Realty Group