Sign up
Log in
Results
View all 28 pictures
Available
$599,000
Crestwood, IL 60418(Cook County)
Size: 0.16 Acres
Home: 9 beds - 6 full baths

Is this your property? Sell it faster with premium placement and targeted ads.

MULTI_FAMILY - Crestwood, IL

Solid six-unit brick apartment building offering immediate cash flow with below-market rents and strong value-add upside in Crestwood. The property includes three 2-bed/1-bath units and three 1-bed/1-bath units, each separately metered for electric, with on-site laundry and twelve parking spaces. One updated unit is already achieving $1,100 per month and can easily reach $1,200+, matching nearby renovated comps and demonstrating the building's true revenue potential. Current gross income of $71,100 and operating expenses of approximately $28,285 support a cap rate near 7% on existing numbers. With modest improvements and market-rate repositioning, projected annual income can reach approximately $93,600 by targeting rents of $1,400 for the 2-bedrooms and $1,200 for the 1-bedrooms, immediately increasing NOI and long-term value. All leases expire at year-end, giving a new owner full flexib...

Read More

From elevation to risk assessment

Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.

Research Parcel Information
Contact Seller

Compass

License #471020212

Hinsdale, IL

(630) 935-6527
View Phone Number
i
By clicking the button, you agree to our Terms of Use and Privacy Policy.

Is this your property? Sell it faster with premium placement and targeted ads.