9040 Keating Avenue, Skokie, Illinois 60076


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$480,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1951
Property Taxes: $10,205
Days On Market: 3380
Lot Size: 0,00
Map
Street View

Description

*only backup offers* Price lowered w/ higher rent roll with several recent CapEx improvements made to the building. Large four-flat brick building, identical (4) 2BD+Den/1BA, central HVAC, separated utilities, (4) parking spaces. Long-term owner has kept building fully occupied with very long-term tenants. Tenants pay their heat/gas, electric (1 W/D). 1 newly replaced A/C unit w/ 10YR first-time manufacturer warranty. Upgraded electrical and new windows in 2010. Sewer line repaired, concrete underneath the rear enclosed porches this year. Both sewer lines rodded with the cleaning of the catch basin. Good school districts, easy access to CTA Swift & Buses. Easily achieve a 10% cap rate with pro forma market rents earning $60K/yr. Operating at a 7% cap at one of the lowest list prices on MLS for Skokie 4-units. Great turnkey opportunity for any investor, or an owner occupant. 2015 taxes (paid in 2016) and actual utility costs disclosed in additional information tab above

Property Specifics

Multi-unit
1951
Full
4 FLAT
No
Cook
— / —
Lake Michigan
Sewer-Storm
09271618
10153080450000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Devonshire Elementary School
68
Middle School
Old Orchard Junior High School
68 Not in DB
High School
Niles North High School
219 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
21 Sep, 2016 Sold $480,000 MRED MLS
11 Aug, 2016 Under contract $499,000 MRED MLS
Last price change $520,000 MRED MLS
28 Jun, 2016 Listed for sale $520,000 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: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: Den,Enclosed Porch
Basement: Full
Basement Description: Unfinished

Other Specifics

Concrete Perimeter
Porch
Landscaped
50X122
Not in DB
Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2016 $10,205

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Contact Agent

Listing Provided By

S Hansen Realty Inc.