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Listed by Jason Rosenbergof Infiniti Properties, Inc.
$ 369,900
Est. payment | /mo
5 Beds
$ 369,900
Est. payment | /mo
5 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12482255
Bedrooms 5
Annual Tax Amount $6,287
Tax Year 2023
Lot Dimensions 132.66X197.33X116X178.02
Property Sub-Type Two to Four Units
Property Description
In late 2022, seller refinished the living and dining rooms in Unit 1 and most of Unit 2 (including the bathroom) and repainted the entire interior; since then, the property has received ongoing maintenance and necessary repairs. Annual gross income is $43,000, with annual fixed expenses (utilities, tax, insurance) of about $15,000 - leaving approximately $28,000. All units are occupied by reliable tenants: Unit 1 (3BR/2BA) at $1,605/mo leased through Jan 2026; Unit 2 (1BR/1BA) at $1,205/mo leased through Jan 2026; and a studio at $775/mo leased through Aug 2026. Set on two full lots, the property features low-maintenance improvements including new carpet and vinyl flooring, fully owned solar, multiple furnaces and AC units, and newer water heaters. Tenant-favored layouts include: a 3BR/2BA main unit with garage and deck; a large 1BR/1BA with 2-car garage and patio; and a city-permitted studio with private entrance, kitchenette, walk-in closet, and bath. Outdoor amenities include a fenced yard with gated entry, pool-ready space, fruit trees, and parking for six. With long-term renters, low operating costs, and additional rent potential, this is a turnkey, income-producing asset suited for investors or owner-occupants. Seller retiring.
Location
State IL
County Dekalb
Community Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Partially Finished, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 3.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
New Construction false
Schools
School District 428, 428, 428
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
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Brandi Hampton
REALTOR®, SFR, ABR, MRP, & PSA | Lic# 475166488