This Multifamily Property is no longer advertised on LoopNet.com.

503-507 Dorchester Ct
Roselle, IL 60172
Multifamily Property For Sale · 24 Units

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.95 AC
Building Size 31,500 SF
No. Stories 2
Year Built 1985
Zoning M

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready

Site Amenities

  • Laundry Facilities

About 503-507 DORCHESTER CT , ROSELLE, IL 60172

Rare opportunity to get a 24 unit, multi-family apartment building in Roselle! Great return on investment - highly rentable area. 100% Occupied - Fully Rented! Ten units are 1 bed, 14 units are 2 beds. NEW Roof, NEW Gutters & NEW Fascia in 2018, NEW Railings in 2018. Exterior newly painted in 2018. 3 parking lots for the building - provides ample parking spaces for tenants! Rents could be raised: one tenant is a handy man who keeps an eye on the building in exchange for a discount on the rent (he is paid for actual repairs)...This is a large rental complex where the rent for the same 1 bedroom model is $1000-1050; the rent for a 2 bedroom, same model, is $1250-1350. Tenants pay their own heat, AC & electricity. "Other" expenses are for snow removal, lawn mowing & security system. Coin laundry in building - provides additional revenue not included in rent roll. Units are all in good working order. Excellent cash flow. Make an offer today! DO NOT DISTURB TENANTS.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 $952.50 850
2+1 14 $1,153 1,000

Property Taxes

Property Taxes

Parcel Number
02-09-107-020
Land Assessment
$374,710
Improvements Assessment
$590,916
Total Assessment
$965,626
  • Listing ID: 13881167

  • Date on Market: 9/25/2018

  • Last Updated:

  • Address: 503-507 Dorchester Ct, Roselle, IL 60172

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