$795,000
$825,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
7247 W Wellington AVE Elmwood Park, IL 60707
4,615 SqFt
Key Details
Sold Price $795,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,615 sqft
Price per Sqft $172
MLS Listing ID 11804975
Sold Date 07/31/23
Year Built 1955
Annual Tax Amount $15,493
Tax Year 2021
Lot Dimensions 5,813 SF
Property Description
RARELY DO YOU COME ACROSS SUCH A BEAUTIFUL BRICK 5-UNIT APARTMENT BUILDING WITH A 3-CAR BRICK GARAGE. IT IS A PERFECT OPPORTUNITY FOR BOTH INVESTMENT AND LIVING PURPOSES. THE BACKYARD IS SIMPLY GORGEOUS, ADORNED WITH APPLE, PEAR, AND GRAPE TREES, AS WELL AS A PATIO AND A DESIGNATED AREA FOR GARDENING, CREATING A WONDERFUL GARDEN-LIKE ATMOSPHERE. ALL UNITS HAVE BEEN METICULOUSLY MAINTAINED. HARDWOOD FLOORS AND CERAMIC TILE FLOORS IN THE BATHROOMS. IN ADDITION, THERE ARE 6 EXTRA STORAGES AND A COIN-OPERATED LAUNDRY IN THE COMMON AREA. FURTHERMORE, THE HUGE BASEMENT OFFERS ADDITIONAL ROOMS THAT ARE CURRENTLY BEING USED FOR STORAGE. THIS BUILDING IS FULLY OCCUPIED, WITH RENTS KEPT LOW DUE TO THE LONG-TERM TENANTS WHO ARE ON MONTH-TO-MONTH LEASES. IT PRESENTS A GREAT INVESTMENT OPPORTUNITY IN AN AREA WITH EXCELLENT RENTAL POTENTIAL, BOASTING NEARBY SCHOOLS, PARKS, A BUS STOP ON HARLEM AVE AND BELMONT AVE, ALSO VARIOUS SHOPPING OPTIONS. ADDITIONALLY, THE PROXIMITY TO THE METRA ADDS TO THE CONVENIENCE OF THE LOCATION. WITH NUMEROUS IMPROVEMENTS AND SITUATED IN THE FANTASTIC RENTAL LOCATION OF ELMWOOD PARK, THIS BUILDING IS TRULY REMARKABLE.
Location
State IL
County Cook
Area Elmwood Park
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 2
Structure Type Brick
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Bought with Barbara Kieca • Hometown Real Estate