Contact Shari Morton for all of your business needs
Ronald P. Bressan Real Estate
(407) 595-3836

897 Graceland Avenue, DES PLAINES, IL 60016

  • $1,200,000

  • MLS#: 09253325

Listing Presented By

Michael Tolliver
Chicago Real Estate Resources
(773) 327-9300

Multi Family 5+ - DES PLAINES, IL

The subject property consists of a 9,607 SF land parcel that is improved with a three story, ~10,000 SF; cream colored masonry constructed apartment building with a total of 11 units. Subject has 12 surface parking spots on site. Heat is provided by an older steam boiler system. Hot water is provided by a single commercial size (100 gallon) hot water heater. The subject property has a partial basement that contains a laundry room and utility room. The property is currently 90% occupied. Thus far both the boiler and hot water heater need repair. The parking lot is in need of repair as well. The acquisition of the building presents an excellent opportunity for an investor to take advantage of strong rental cash flow and full ownership of all the units in this building. ***BUILDING CAN BE SOLD AS PART OF PACKAGED DEAL WITH A 9 UNIT, 100% OCCUPIED, BUILDING LOCATED AT 1475 ASHLAND AVE, DES PLAINES, IL***

  • $1,200,000
  • Commercial
  • MLS#: 09253325
  • Built In: 1969
  • Last Updated: July 19, 2016
  • Posted: June 11, 2016

897 Graceland Avenue, DES PLAINES, IL 60016 MLS#: 09253325

897 Graceland Avenue, DES PLAINES, IL 60016 is an , Commercial in Des Plaines, Illinois for $1,200,000 with MLS#: 09253325 and offered by Michael Tolliver of Chicago Real Estate Resources. To learn more about 897 Graceland Avenue, DES PLAINES, IL 60016 contact Michael Tolliver for more information or to request a showing.

View more property information from the source site.