Niles, IL 60714,7124 W Jarvis AVE
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Niles, IL 60714,7124 W Jarvis AVE
Niles, IL 60714,7124 W Jarvis AVE
Niles, IL 60714,7124 W Jarvis AVE
Niles, IL 60714,7124 W Jarvis AVE

$1,500,000

Est. payment /mo

$1,799,000

16.6%
Est.Price: ?

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7124 W Jarvis AVE Niles, IL 60714

SOLD DATE : 08/09/2024

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12049809

Sold Date 08/09/24

Maintenance Fees $76

Year Built 1959

Annual Tax Amount $21,357

Tax Year 2022

Lot Dimensions 27000 SQ FT

Property Description

**Prime Investment Opportunity in Niles!** Welcome to your next savvy investment venture! Nestled in the heart of Niles, these three meticulously maintained 3-flat apartment buildings offer an unparalleled opportunity for seasoned investors and newcomers alike. All three buildings are solid, brick construction and contain well-appointed units that reflect pride of ownership. It's evident that these properties have been lovingly cared for and thoughtfully managed. Currently fully rented with stable leases in place, these buildings offer immediate cash flow and a solid return on investment. Tenants enjoy the convenience of well-maintained amenities, including ample parking, on-site laundry facilities, and peaceful outdoor spaces (a private park, without having to cross any streets). Located in the Niles West school district, residents benefit from easy access to local amenities, shopping centers, dining options, and public transportation, ensuring high demand and low vacancy rates. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a lucrative opportunity, this unique, three building package is the perfect addition to your real estate portfolio. Don't miss out on this rare chance to secure stable cash flow and long-term appreciation potential. Schedule your showing today and seize this investment gem!

Location

State IL

County Cook

Area Niles

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Level or Stories 3

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Daniel Richardson • Berkshire Hathaway HomeServices Starck Real Estate
Bought with Adela Rus • Homesmart Connect LLC

Gisela Attlan

Real Estate Advisor | License ID: 475180654

+1(312) 804-0112

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