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$799,873
Est. payment /mo
0.34 Acres Lot
Active Under Contract
308 E 55th Street Westmont, IL 60559
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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12416019
Year Built 1934
Annual Tax Amount $12,133
Tax Year 2023
Lot Size 0.340 Acres
Lot Dimensions 100X150
Property Sub-Type Multi Family 5+
Property Description
Compliment your investment portfolio with this vintage-style stone masonry 6-unit apartment building, owned and well-maintained by a long-term owner. Located in a highly desirable area with consistently easy-to-rent units, the property features stable, long-term tenants-many currently paying under-market rents-offering excellent rental upside. The building includes a unique mix of units, including one spacious 2-bedroom, 2-bath unit (formerly owner-occupied) featuring a master bedroom with walk-in closet, separate forced-air heating and central air, a private deck, carport, and a large storage area with a garage-style overhead door currently used by the owner. There is also one 2-bedroom, 1-bath unit, three 1-bedroom, 1-bath units, and one studio apartment. Each unit offers individually controlled thermostats for tenant comfort. The basement provides coin-operated laundry facilities for added income. Key improvements include a new roof (2023) and a new driveway (2024). Perfectly positioned near Hinsdale and close to major amenities, this is a rare opportunity to acquire a high-potential, income-generating asset. Don't miss out-schedule your showing today!
Location
State IL
County Dupage
Rooms
Basement Unfinished
Interior
Cooling Central Air, Partial, Window Unit(s)
Fireplaces Number 1
Fireplace Y
Exterior
Utilities Available Water Available
View Y/N true
Building
Structure Type Brick,Stone
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Listed by Thomas Domasik • RE/MAX 10 in the Park