1. Illinois
  2. Westchester
  3. 10720 W Cermak Road
$750,000

10720 W Cermak Road, Westchester, IL 60154

  • 12 beds |
  • 8 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

OFFER HAS BEEN VERBALLY ACCEPTED PENDING PAPERWORK AND WE HAVE DOZENS OF BACK UP OFFERS. PLEASE NO PHONE CALLS. A Landlord's Dream! An immaculately maintained 4-unit building with oversized, updated 3 bed/2 bath units and a 4 car garage on a large lot. Newer cabinets/vanities, quartz countertops. Spacious primary bedroom in each unit with en suite bathroom. Each unit has separate systems including individual gas furnaces, AC, electric water heater and individual electric panels and there is also a common electric service as well. Email us for a list of dates of mechanicals, appliances, etc. Two units currently have individual washer/dryer units and there is a possibility of adding washer/dryer to the remaining two but there are already two sets of washer/dryers in the basement. Massive basement with individual storage units. A turnkey property that will be a great addition to any property portfolio. All units will be vacant by early July so sellers are requesting a mid July closing date. This building is owned by a religious organization so they have a religious exemption and do not pay any property taxes; if the new buyer is not a religious organization then the property taxes will increase (please ask your real estate attorney to estimate what they think they will increase to). There are no leases or rent rolls as the occupants did not pay rent to the church. Many identical adjacent buildings have been converted into condos so there could be great opportunity here. Photos are included for 2 of the 4 units but the other 2 units look very similar. Highest and best offers are due Mon, June 9 at 10am and a decision will be made by Wed, June 11. Price escalation riders and love letters will not be accepted.

Listing Status:
Pending
Listing Office:
@properties Christie's International Real Estate : 612-819-6057
Listing Agent:
Shay Hata : 612-819-6057
MLS ID:
12372119

This listing courtesy of Shay Hata, @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

P

Proviso West High School

4701 Harrison St, Hillside, IL, 60162

Grades 9-12

1.40 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.