RARE Row Houses Style 6 Unit
2100 S 1st Ave. Maywood, IL 60153
$108,333 Per Unit
** Buyer's Premium Waived
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Purchase at target price with 25% down payment. Upon purchase raise rents to appropriate levels. 3 Bed market rents are well over $1,500 in the area. Refinance and pull cash out based on higher value of the property.
About The Property
RARELY available row house style apartment building. Relatively newer building with construction being completed in 1995. Every unit is separately metered for gas, electric, and water. Landlord is only responsible for snow, lawn, and garbage service. Each unit has been updated. Pictures show the final unit upgrades before it was leased. This is a low expense, high income property.
About The Neighborhood
Maywood is a small town 10 miles west of downtown Chicago, running along the west bank of the Des Plaines River. It is predominantly a residential town with its location neatly centered between O’Hare and Midway International Airports and downtown Chicago. Despite its relatively small size, it boasts 11 parks and has a rich history including it’s historic 40,000 SF Public Library.
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Purchase Price of Property
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Year 2 Pro Forma
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