9830-32 W Grand Avenue, Franklin Park, IL 60131

  • $799,900
  • $829,900
9830-32 W Grand Avenue, Franklin Park, IL 60131
  • Commercial Sale
  • Property Type
  • 1965
  • Year Built
For Sale
9830-32 W Grand Avenue, Franklin Park, IL 60131
  • $799,900
  • $829,900

Overview

Property ID: 21674223
  • Commercial Sale
  • Property Type
  • 1965
  • Year Built

Description

Prime investment opportunity to add to your portfolio. Attractive, All brick, well maintained 8 unit building in Prime Franklin Park Location maintained by the same ownership for over 30 years! This asset is comprised of 7 -1 bedroom units and 1 studio. Spacious units featuring hardwood floors, ample closet space, oak cabinet kitchens with ceramic tile flooring in most, including ceramic tiled bathrooms. Tenants have the convenience of Storage units and on-site laundry, owned by the Seller. Separate secure boiler room. 8 parking spots directly behind the building. Long term tenants-rents should be higher, 6 of the 8 units are month to month. Rents are low and can be much higher. Similar 1 bedroom units in the area are renting for $1,350/month, Studio units $800. Raising rents to market rate would generate an additional 27k annually. Property is located in a flood zone, seller has begun the appeal with FEMA.

  • Address 9830-32 W Grand Avenue
  • City Franklin Park
  • State/county IL
  • Zip/Postal Code 60131
  • Country United States

Details

Updated on August 23, 2024 at 11:15 am
  • Property ID: 21674223
  • Price: $799,900
  • Year Built: 1965
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD12070978
  • Office Name: CAPORALE REALTY GROUP
  • Agent Name: Lisa Graziani-Divito
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD90165
  • List Agent MLSID: MRD901068
  • List Date: 2024-05-31T15:40:49.000Z
  • Roof: Composition
  • Cooling: Wall Sleeve
  • Tax Annual: 18426
  • Tax Year: 2023
  • County: Cook

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