Illinois
River Grove
8824 Cherry Avenue

$705,000

8824 Cherry Avenue, River Grove, IL 60171

8 beds |
5 baths

Multi-Family Home
Built in 1965
—— sqft lot
1 car garage
$——/sqft
Listed 10 days ago

Property Description

Welcome to 8824 Cherry - A Turnkey Investment Opportunity! Attention investors and potentially owner-occupants! This legal 3-unit building is a proven income generator with long-term tenants in place. Fully rented and well-maintained, with room to increase rental amounts. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath's rented at $1550 including the newer oversized garage spot and private dedicated w/d right outside door. Middle floor was completely remodeld w/ beautiful finishes. Top floor same floor plan as middle floor and in good condition. No history of flooding in this building. Large front side driveway big enough to fit 6 exterior cars. $4970 total gross income but can be much higher. All leases expire 4.30.2026. Coin laundry in basement. Good condition and well maintained. Make your offer now!

Listing Status:: Active
Listing Office:: @properties Christie's International Real Estate : 312-282-9616
Listing Agent:: Rose Toma : 312-282-9616
MLS ID:: 12411670

Basement: FinishedFull
Heating: Natural Gas

This listing courtesy of Rose Toma, @properties Christie's International Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

East Leyden High School

3400 Rose St, Franklin Park, IL, 60131

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.