Elmwood Park, IL 60707,7247 W Wellington AVE
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Elmwood Park, IL 60707,7247 W Wellington AVE
Elmwood Park, IL 60707,7247 W Wellington AVE
Elmwood Park, IL 60707,7247 W Wellington AVE
Elmwood Park, IL 60707,7247 W Wellington AVE

$795,000

Est. payment /mo

$825,000

3.6%
Est.Price: ?

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7247 W Wellington AVE Elmwood Park, IL 60707

4,615 SqFt

SOLD DATE : 07/31/2023

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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Midwest Real Estate Data (MRED) IDX
Listed by Regina Zak Tomas • Chicagoland Brokers, Inc.
Bought with Barbara Kieca • Hometown Real Estate

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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