River Grove, IL 60171,8137 W O'Connor Drive
River Grove, IL 60171,8137 W O'Connor Drive
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$ 850,000
Est. payment | /mo

4,914 SqFt


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$ 850,000
Est. payment | /mo
Save

4,914 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,914 sqft

Price per Sqft $172

MLS Listing ID 12154971

Year Built 1970

Annual Tax Amount $19,731

Tax Year 2023

Lot Dimensions 50X100

Property Description

Solid O'Connor Drive investment opportunity. All masonry 6-unit rental building with 6+ CAP RATE located in River Grove within walking distance to River Grove Metra, shopping & restaurants. Solid "workforce" 6 unit -- three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Current monthly rental income is $7150. Rents are below market. Property will be sold AS-IS. Tear off roof 2006 & aluminum coating 2023, boiler replaced 2008 with wifi sensors, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O'Hare Airport is six miles northwest.

Location

State IL

County Cook

Zoning MULTI

Interior

Fireplace N

Exterior

View Y/N true

Listed by David Gullo • Gullo & Associates
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8137 W O'Connor Drive