Description
Rare opportunity to acquire a recently remodeled, professionally managed 8-Unit corner building with parking in a highly accessible Stickney location. Situated on a quiet cul-de-sac street, this solid Flexicore construction asset offers long-term durability and low-maintenance ownership. Unit mix includes (4) 2BD/1BA and (4) 1BD/1BA units, an ideal mix for stable tenancy and strong demand. Building features a central boiler with radiant heat, coin-operated laundry, and dedicated basement storage for tenants. Capital improvements include all new windows installed in 2024! The building is being delivered with a clean inspection from the Village of Stickney! Currently generating over $119,000 in projected gross income with clear potential to increase rents.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
Agent Realty Partners
708-223-0228
MRED MLS
MLS ID: 12571510
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4235 S Harlem Avenue, Stickney, IL 60402.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,195,000 | $1,195,000 | $1,195,000 |
| Down Payment | $41,825 | $0 | $239,000 |
| Monthly Mortgage Amount | $6,941 | $7,221 | $5,579 |
| Taxes | $1663 | $1663 | $1663 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $717 | $0 | $0 |
| Monthly Estimated Total | $9,670 | $9,233 | $7,591 |