800-804 S 15th Ave
Maywood, IL 60153
15Warren Luxury Apartments · Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 9,750 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1926/2014 |
| Building Class | B | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.29 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 9,750 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1926/2014 |
| Parking Ratio | 1.23/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
About 800-804 S 15TH AVE , MAYWOOD, IL 60153
Fully renovated in 2014, 800-804 S 15th Avenue features (1)- 1 bed / 1 bath apartment and (9)- 2 bed / 1 bath apartments. Rents have consistently been increasing since 2014 (3-4%/year). A purchase of this asset would allow an investor to reap double digit cash-on-cash returns & own an asset which has been well maintained since it's original renovation. The building's electrical, HVAC, plumbing, and windows were replaced in 2013. Kitchens & bathrooms were replaced in 2014. Additionally, there is an off-site parking lot next door which is included in the sale. Current ownership does not charge for parking, however, one could charge $25 per month & see a $3,000/year increase in revenue. The building consistently has a waiting list when a unit becomes available.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $800.00 | 650 |
| 2+1 | 9 | $1,156 | 816 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $72,641 | |
| Land Assessment | $6,930 | Total Assessment | $79,571 |
Property Taxes
