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$ 899,990

Est. payment -/mo

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Price Dropped by $50K

7403 W 71st ST Bridgeview, IL 60455

5,000 SqFt

UPDATED:

10/07/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $179

MLS Listing ID 12152298

Maintenance Fees $2,500

Year Built 1974

Annual Tax Amount $14,150

Tax Year 2023

Lot Size 9,147 Sqft

Lot Dimensions 7710

Property Description

Priced to sell fast! Attention serious investors or large families! Discover an unparalleled opportunity with this fully remodeled five-unit apartment building in the highly desirable Bridgeview area. Offering a perfect blend of modern amenities, recent upgrades, and exceptional income potential, this property stands out for both investors and families looking for spacious living options. The building includes four spacious one-bedroom units and one large three-bedroom, two-bath unit-ideal for large families or those seeking more space. Every unit is equipped with high-efficiency systems and energy-efficient appliances-fridges, stoves, and wall-unit ACs-ensuring low operating costs and high tenant satisfaction. LED lighting throughout the hallways, smoke and carbon monoxide detectors, and coin-operated laundry facilities (with rapidly increasing revenue) make this building both safe and profitable. Major renovations include a new roof and gutters (5 years ago), new windows (6 years ago), a new water heater (2 years ago), and most appliances upgraded within the past year. Elegant pinewood trim adds durability and charm throughout. Separate gas and electric utilities allow tenants to manage their own usage, maximizing profitability. Situated in a prime location near schools, restaurants, gyms, Walmart, Pete's Market, SeatGeek Stadium, and more, this property ensures high demand, whether for tenants or a large family seeking a permanent home. This apartment building is not just an investment-it's a versatile, strategic asset designed for consistent income and future growth, while also offering a perfect home for large families.

Location

State IL

County Cook

Area Bridgeview

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Others

HOA Fee Include Parking,Exterior Maintenance,Lawn Care,Snow Removal

Listed by Mohammad Mohammad • Chicagoland Brokers, Inc.

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