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548 Prairie Ave - Downers Grove Duplex 2 Unit Apartment Building Offered at $600,000 at a 8.77% Cap Rate Downers Grove, IL 60515

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Executive Summary

2 Unit Duplex in Downers Grove. Located in Prime Lester School District Just down the street from St Mary's/. 1 Unit is 1129sf with 3 Bedroom rents for 2800/m. The other is
886sf with 2 Bedroom rents for 2250/m

assessor

PropertyDetails_548_Prairie_Ave_Downers_Grove

Property Facts

Price	$600,000	Apartment Style	Single-Family Home
Price Per Unit	$300,000	Lot Size	0.19 AC
Sale Type	Investment	Building Size	3,027 SF
Cap Rate	8.77%	Average Occupancy	100%
Gross Rent Multiplier	10	No. Stories	2
No. Units	2	Year Built	1927
Property Type	Multifamily Multifamily Apartments	Parking Ratio	1.32/1,000 SF
Zoning	R-1 - Non-Conforming

Price	$600,000
Price Per Unit	$300,000
Sale Type	Investment
Cap Rate	8.77%
Gross Rent Multiplier	10
No. Units	2
Property Type	Multifamily Multifamily Apartments
Apartment Style	Single-Family Home
Lot Size	0.19 AC
Building Size	3,027 SF
Average Occupancy	100%
No. Stories	2
Year Built	1927
Parking Ratio	1.32/1,000 SF
Zoning	R-1 - Non-Conforming