9 Bedroom Home For Sale in Midlothian, IL

14004 Char Lane Crestwood, IL 60445

Investors...This is the opportunity for you! Great 6 unit apartment buildings in nice areas for an affordable price do not come around that often. This solid brick flexicor building is centrally located in Crestwood at 14004 Char Lane just two miles south of Interstate 294. Easily accessible to Cicero Avenue, near shopping, transportation, and restaurants, the units are easy to rent. The building has 3 one bedroom apartments, and 3 two bedroom apartments. All the units have been well cared for with brand new carpeting and freshly painted interiors every time the tenants changed. Three of the 6 apartments are currently rented. The building offers a large lot with 12 parking spaces, front and rear access to all units, and coin operated laundry facilities for the occupants. Low assessments are just $195 and include snow removal and grounds care.Other perks include 6 storage lockers and individual electric meters. Locked mailboxes and indoor buzzers are in the front entry along with newly painted walls featuring a faux texture and accent chair rail. A huge plus is the redecorated kitchens and bathrooms throughout. No work needed from the new owner, as all the appliances have been replaced with new refrigerators, stoves, and dishwashers in each unit. All the units are well kept with spacious living rooms, eat-in kitchens with vinyl floors and comfortable bedrooms. Income generated from monthly rent is comprised of 3 units at $750, 2 units at $675, and 1 unit at $650. Coin laundry adds an additional $120 per month. Expenses include water approximately $48 per month total and Nicor around $250 per month. Current owner pays for the monthly assessment, but you could divide it among the tenants if wanted. Take the virtual tour at www.buyowner.com and enter C H I 7331.