Kiser Group is pleased to exclusively list this five unit apartment building in North Riverside and a vacant condominium in River Forest for sale. The apartment building is located at 2306 S 17th Ave in North Riverside, IL. The property lies on a 4,329 sf lot with a unit mix of one (1) three bedroom/2 bath; two (2) two bedroom/1 bath; ad two (2) one bedroom/one bath units. The units are all currently occupied and taxes are $9,394. The condominium is a two bedroom/one bath unit located at 1518 N Harlem Ave in River Forest, IL. It is in a six unit building. It was rented out until recently. Taxes on this unit are $1,609. The successful investor will have the opportunity to acquire both assets, improve the income on the apartment building and potentially renovated and sell the condominium for a positive return.
Key Points: Portfolio Unit Mix of One (1) Three Bed/2 Bath; Three (3) Two Bed/1 Bath; Two (2) One Bed/One Bath Value Add Under Market Rents Opportunity for Fix and Flip on the Condo
Asking Price: $429,000
Building Size: 4,705 SQ FT
Lot Size: 4329
Cost per Square Foot: $91.18