9040 Keating Avenue, Skokie, Illinois 60076
$480,000
Sold
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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 |
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: | |
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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 |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: Den,Enclosed Porch
Basement Description: Unfinished
Other Specifics
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Concrete Perimeter | |
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Porch | |
Landscaped | |
50X122 | |
— | |
— | |
— | |
— | |
Not in DB | |
Sidewalks, Street Lights, Street Paved | |
— | |
— | |
— |
Tax History
Year | Property Taxes |
---|---|
2016 | $10,205 |
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Listing Provided By
S Hansen Realty Inc.