503-507 DORCHESTER CT, ROSELLE, 60172

$2,899,000

  • Residential Income
  • Contingent
Courtesy of Executive Realty Group LLC
Rare opportunity to get a 24 unit apartment building with a Great return on investment in highly rentable area! Fully occupied. "Other" expenses are for snow removal & lawn mowing. One tenant is a handy man who keeps an eye on the building & also receives a discount on the rent (he is paid for actual repairs). Another tenant keeps an eye on the building for him, so he keeps her rent lower. This is a large rental complex where the rent for the same model 1 bedroom is $1000; the rent for 2 bedroom, same model, is $1250. Some 1 bedrooms in the complex rent for $1050 & some 2 bedrooms rent for $1350. Owner also receives $1800/year in washer/dryer income. If owner were renting all the 1 bedrooms at $1000 & the 2 bedrooms at $1250, the income with laundry income would be $351,600. ($25k higher than shown on listing.) Units are all in good working order. Make an offer today!
Last updated on  8/16/2018
Courtesy of Executive Realty Group LLC

More Details for 503-507 DORCHESTER CT

Property Class: Multi-Family
Listing Status: Contingent
City: ROSELLE
State: Illinois
Zip: 60172
Township: BLOOMINGDALE
Area: Keeneyville / Roselle
County: DuPage
Class: Residential Income
Approx Lot Size: 2.950
Stories: 2
Stories: 2
Year Built: 1985
Listing#: 10002334
Tax Year: 2016
aaStatusCode: Pending
List Date: 6/29/2018

Features for 503-507 DORCHESTER CT

Air Conditioning: Wall Sleeve
Current Use: Residential-Multi-Family
Heat/Ventilation: Wall Unit
Type of Multi_family: Corridor-Interior Entrance
Approximate Age: 26-35 Years
Construction: Brick
Misc Inside: Inside Corridor/s, Laundry Room
Tenant Pays: Electric
Backup Info: Rent Roll
Frontage/Access: City Street
Outdoor Parking: 31-50 Spaces
Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal

Documents for 503-507 DORCHESTER CT

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