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Samuel Stella

sam@stellarresultsrealty.com +1(224) 426-4652

$ 750,000

Est. payment -/mo

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Open Sat 10AM-11:30AM

10720 W Cermak RD Westchester, IL 60154

12 Beds

8 Baths

0.5 Acres Lot

OPEN HOUSE

Sat Jun 07, 10:00am - 11:30am

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12372119

Bedrooms 12

Tax Year 2023

Lot Size 0.500 Acres

Lot Dimensions 100 X 225

Property Sub-Type Two to Four Units

Property Description

A Landlord's Dream! An immaculately maintained 4-unit building with oversized, updated 3 bed/2 bath units and a 4 car garage on a large lot. Newer cabinets/vanities, quartz countertops. Spacious primary bedroom in each unit with en suite bathroom. Each unit has separate systems including individual gas furnaces, AC, electric water heater and individual electric panels and there is also a common electric service as well. Email us for a list of dates of mechanicals, appliances, etc. Two units currently have individual washer/dryer units and there is a possibility of adding washer/dryer to the remaining two but there are already two sets of washer/dryers in the basement. Massive basement with individual storage units. A turnkey property that will be a great addition to any property portfolio. All units will be vacant by early July so sellers are requesting a mid July closing date. This building is owned by a religious organization so they have a religious exemption and do not pay any property taxes; if the new buyer is not a religious organization then the property taxes will increase (please ask your real estate attorney to estimate what they think they will increase to). There are no leases or rent rolls as the occupants did not pay rent to the church. Many identical adjacent buildings have been converted into condos so there could be great opportunity here. Photos are included for 2 of the 4 units but the other 2 units look very similar. Showings start Thur, June 5 and will be from 10am - 12pm due to tenants. No exceptions for early showings. Highest and best offers are due Mon, June 9 at 10am and a decision will be made by Wed, June 11 at noon (12pm). Price escalation riders will not be accepted.

Location

State IL

County Cook

Area Westchester

Rooms

Basement Unfinished, Storage Space, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 4.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Westchester Primary School

Middle Schools Westchester Middle School

High Schools Proviso West High School

School District 92.5 , 92.5, 209

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Shay Hata • @properties Christie's International Real Estate

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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Samuel Stella

10720 W Cermak RD Westchester, IL 60154

OPEN HOUSE

Key Details

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Rooms

Interior

Exterior

Building

Schools

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10720 W Cermak RD