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- LoopNet Team
1914 Railroad Ave
Maywood, IL 60153
Price Reduced I 9.4% Cap I 100% Leased · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- MAYWOOD! LEGAL 12 UNIT 3 STORY BRICK APARTMENT BUILDING!
- 3 - FULL BASEMENTS! CONCRETE REAR COURTYARD WITH OUTDOOR WOOD PORCHES!
- ROOF A/C CONDENSERS ARE DISCONNECTED, YET OPERABLE! ALL APARTMENTS HAVE WOOD AND TILE FLOORS THROUGHOUT UNITS!
- APARTMENT UNIT MIX = 12 - 2 BEDROOM / 1 BATHROOM APARTMENTS
- BUILT 1925! 2001 REMODEL WITH NEW COPPER PLUMBING AND ELECTRICAL UPDATE AND NEWLY REPLACED WINDOWS!
- UPDATED KITCHEN & BATHROOM CABINETS WITH LAMINATE COUNTERTOPS! KITCHEN WITH STOVE, REFRIGERATOR & DISHWASHER! ALL UNITS HAVE DISCONNECTED DISHWASHER
PROPERTY FACTS
| No. Units | 12 | Building Size | 5,572 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1925/2001 |
| Building Class | C | Parking Ratio | 0.72/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | I-1 Industrial - Manufacturing of light machinery, Fabrication of metal, wood, concrete and plastic products, Food, Laboratories, Warehousing, Truck terminal | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,572 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2001 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | I-1 Industrial - Manufacturing of light machinery, Fabrication of metal, wood, concrete and plastic products, Food, Laboratories, Warehousing, Truck terminal |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Storage Space
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Range
- Yard
- Basement
- Deck
- Double Pane Windows
- Handrails
- Intercom
- Patio
- Porch
- Window Coverings
SITE AMENITIES
- Controlled Access
- Gas Range
- Trash Pickup - Curbside
- Vintage Building
- Storage Space
- Public Transportation
ABOUT 1914 RAILROAD AVE , MAYWOOD, IL 60153
12 UNIT MULTI-FAMILY BUILDING FOR SALE! 3 STORY BRICK BUILDING WITH 3 BASEMENTS AND 4 RENTED PARKING SPOTS! BUILDING REMODEL 2001 WITH UPDATED COPPER PLUMBING AND ELECTRICAL! 12 RENTED APARTMENT UNITS IN TOTAL CONSISTING OF 2 BEDROOM / 1 BATHROOM APARTMENTS! BUILDING LAUNDRY HOOKUPS FOR 2 SETS OF WASHER/DRYERS! NO EXISTING LAUNDRY MACHINES! 1 BASEMENT HAS 12 STORAGE LOCKERS THAT ONLY LANDLORD USES! LANDLORD PAYS WATER, GARBAGE AND BUILDING COMMON ELECTRIC! TENANT PAYS COOKING GAS, GAS HEAT AND ELECTRIC! ALL UNITS HAVE CENTRAL HEAT AND A/C MECHANICAL CLOSETS! A/C ROOF CONDENSERS ARE NOT CONNECTED THOUGH! ALL UNITS HAVE DISCONNECTED DISHWASHERS! ALL UNITS HAVE HARDWOOD AND TILE FLOORS! 2001 UPDATED UNITS AND WINDOWS! BUILDING LOCATED SOUTH OF MELROSE PARK METRA TRAIN STATION! 100% OCCUPIED! SOME UNITS REQUIRE 24HR NOTICE! NO SELLER FINANCING! BUILDING HAS LOTS OF POTENTIAL! ROOF SILVER REFLECTIVE COATING 2019!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $1,000 | - |
PROPERTY TAXES
| Parcel Number | 15-10-118-001-0000 | Improvements Assessment | $71,676 |
| Land Assessment | $3,824 | Total Assessment | $75,500 |
PROPERTY TAXES
