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$580,000

5722 Independence Avenue

Oak Forest, Illinois 60452
Closed / MLS #11342902 / Multiple Family / Oak Forest
Listing information updated 5/9/2022 at 6:03am
Fantastic investment opportunity! Fully rented and ready to make you money. This building is a 6 unit with 5 Two bedroom, one bath units and 1 One bedroom 1 bath unit. In building laundry with 2 coin operated washers and 2 coin operated dryers for extra income. Parking lot out back with 12 spots for residents. Since 2016 a new Boiler has been installed as well as new washer/ dryer, numerous a/c wall units, many new appliances, new siding in the front, some units with new vinyl flooring, new patio door to be installed by April for unit 2E. Owner projects rents to go up when new leases signed (see info in additional information). Last five years over 99% occupancy.

Full Features

Exterior Type:
Vinyl Siding,Brick
Basement:
None
Water Front:
No
Square Feet:
N/A
Built:
1977
Parking Spaces:
12
Cooling System:
Window Unit(s)
Stories:
3
Roof:
Composition
Current Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$36,763
Unit 1:
5 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
6 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$21,161
Tax Year:
2020

Location

Zip Code:
60452
City:
Oak Forest
County:
Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 708.460.4900

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 5/9/2022 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.

Oak Forest

Oak Forest, IL

Oak Forest offers something for everyone, from scenic forest preserves and vibrant neighborhoods to robust recreational opportunities. The community is committed to maintaining its small-town charm and strives to protect its natural resources, including picturesque creeks and other bodies of water i...
$265,200
Average Sale Price
34
Average Days On The Market
99%
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 5722 Independence Avenue, Oak Forest, IL 60452

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5722 Independence Avenue is a multiple family which sold for $580,000. This multiple family has been listed on @properties since March 9th, 2022 and was built in 1977.

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