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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$690,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12593038

Maintenance Fees $3,000

Year Built 1978

Annual Tax Amount $21,996

Tax Year 2024

Lot Dimensions 9256

Property Sub-Type Multi Family 5+

Property Description

Tremendous rehabbed 6 unit in an awesome apartment community! The current owners have fully renovated 15 of 18 units across this building and two others also available for sale individually or as a package (3045 and 3061 Bernice). Boasting $9109 of rental income and a complete tear off new roof this past year along with renovated units to modern standards, this is an unbeatable turnkey investment. Ownership has also installed electric heaters in the units to largely bypass the boilers (still installed but rarely kick on now) to much reduce the expenses. This complex also has a large parking lot with tons of spaces for tenants. This is an investor's dream given the 9%+ cash on cash at asking and turnkey condition.

Location

State IL

County Cook

Area Lansing

Rooms

Basement None

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

Utilities Available Sewer Connected

Building

Dwelling Type Multi Family 5+

Water Community Water

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Listed by Michael Scanlon of eXp Realty

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

3069 BERNICE RD Lansing, IL 60438

Garrett Johnson

Key Details

Location

Rooms

Interior

Exterior

Building

Nearby School & Business

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