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9642 Golf Terrace

Des Plaines, IL 60016
  • $650,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • MLS #: 11282034
Under Contract
UPDATED: 215 min ago
$650,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1969
County:
Area:

School Ratings & Info

Description

Fully rented well maintained brick 6 MULTIFLAT that consists: Three -2 bedroom and Three-1 bedrooms. Updates throughout the apartments: 6 newer bathrooms and 5 kitchens (with updates done between 5- 10 years ago). Hardwood floors throughout. Hot water tank (2017) All the windows replaced ( 2014). Roof ( 2013). Coin laundry in the basement. Convenient 11 assigned parking spots in rear of the building. Located close to everywhere: Golf Mill, restaurants, Expressways, Lutheran General Hospital and MORE. It has Golf Terrace Building Owner Association - owner pay $120.00 per month, which includes: snow removal and garbage collection *** The collected now rents are actually lower than regular current market rents due to stable long term tenants but with upside potential*** Great and rare income producing investment property. Survey and RENT ROLL attached in Additional Info.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-19T23:57:53.813 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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9642 Golf Terrace Des Plaines, IL 60016

  • Price: $650,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 215 min ago
  • MLS #: 11282034
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1969
Built
Neighborhood:
Des Plaines
County:
Cook
Area:
Des Plaines
Property Description
Fully rented well maintained brick 6 MULTIFLAT that consists: Three -2 bedroom and Three-1 bedrooms. Updates throughout the apartments: 6 newer bathrooms and 5 kitchens (with updates done between 5- 10 years ago). Hardwood floors throughout. Hot water tank (2017) All the windows replaced ( 2014). Roof ( 2013). Coin laundry in the basement. Convenient 11 assigned parking spots in rear of the building. Located close to everywhere: Golf Mill, restaurants, Expressways, Lutheran General Hospital and MORE. It has Golf Terrace Building Owner Association - owner pay $120.00 per month, which includes: snow removal and garbage collection *** The collected now rents are actually lower than regular current market rents due to stable long term tenants but with upside potential*** Great and rare income producing investment property. Survey and RENT ROLL attached in Additional Info.
Exterior Features

Exterior Building Type Brick Outdoor Parking 6-12 Spaces Parking Total 11 Roof Composition Roof Structure Gable

Interior Features

Basement Finished Cooling Window Unit(S) Heat Ventilation Central Bldg HeatOilBaseboard Miscellaneous Inside Laundry Room Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Association Fee Includes ScavengerSnow Removal Building Area Total 4840 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Service - 101 To 200 Amps Gross Income 65400 Gross Scheduled Income 66600 Insurance Expense 2500 Maintenance Expense 0 Net Operating Income 45067 Operating Expense 21533 Ownership Types Individual Possible Use Condominium Seller Needs Cash Tax Annual Amount 11843 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 5550 Township Maine Type Multi Family 5+ Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Dream Town Realty.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-01-19T23:57:53.813 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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