$1,500,000
$1,799,000
16.6%For more information regarding the value of a property, please contact us for a free consultation.
7124 W Jarvis AVE Niles, IL 60714
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Adela Rus • Homesmart Connect LLC
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