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$755,000

9830-32 W Grand Avenue
Franklin Park, Illinois 60131

Closed / MLS #12070978 / Multiple Family / Franklin Park
Listing information updated 11/20/2024 at 6:03am
Prime investment opportunity to add to your portfolio. Attractive, All brick, well maintained 8 unit building in Prime Franklin Park Location maintained by the same ownership for over 30 years! This asset is comprised of 7 -1 bedroom units and 1 studio. Spacious units featuring hardwood floors, ample closet space, oak cabinet kitchens with ceramic tile flooring in most, including ceramic tiled bathrooms. Tenants have the convenience of Storage units and on-site laundry, owned by the Seller. Separate secure boiler room. 8 parking spots directly behind the building. Long term tenants-rents should be higher, 6 of the 8 units are month to month. Rents are low and can be much higher. Similar 1 bedroom units in the area are renting for $1,350/month, Studio units $800. Raising rents to market rate would generate an additional 27k annually. Property is located in a flood zone, seller has begun the appeal with FEMA.
Exterior Type:
Brick
Basement:
Slab
Water Front:
No
Square Feet:
N/A
Built:
1965
Cooling System:
Wall Sleeve
Stories:
2
Roof:
Composition
Current Net Income:
$49,250
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
2 room(s) / 0 bed(s) / 1 bath(s)
Tax Amount:
$18,426
Tax Year:
2023
Zip Code:
60131
City:
Franklin Park
County:
Cook

Listing Office: Caporale Realty Group

Listing Office Phone: 708.456.1919

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/20/2024 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Franklin Park, IL

The Village of Franklin Park is a commuter’s dream. The Cook County village has three Metra stations with daily service to Chicago including the Belmont Avenue Station on Metra’s North Central Line to Chicago’s Union Station and Franklin Park and Mannheim stations on the Milwaukee District/Wes...

Metra

Metra
Milwaukee District West line at Franklin Park Metra
Metra
North Central Service line at Belmont Avenue - Franklin Park
$338,175
Average Sale Price
40
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 9830-32 W Grand Avenue, Franklin Park, IL 60131
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9830-32 W Grand Avenue, Franklin Park, IL 60131 is a multiple family which sold for $755,000. This multiple family has been listed on @properties Christie's International Real Estate since May 31st, 2024 and was built in 1965. The nearest transit stops include Franklin Park Metra Metra Milwaukee District West line.

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