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GRECO
Mobile Phone:
630-854-1100
GRealEstateCo@gmail.com
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GRECO
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Mobile Phone:
630-854-1100
GRealEstateCo@
gmail.com
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SOLD
$625,000
Date 12/30/2021

840 W College Boulevard
Addison, IL 60101

Other
Residence
N/A
Acre Lot
1of
Photos
Map
Courtesy: Executive Realty Group LLC
MRED> Illinois> Addison> 60101
6-Flat Multi-family investment in Addison with great return on investment. Highly rentable area. 100% occupied - Fully Rented! 3 units are 1 Bed/1 Bath and 3 units are 2 Bed/1 Bath. Tenants pay their own electricity. "OTHER EXPENSES" include $720/year for exterminator, Laundry equipment rental $490/year and association $3240/year.The association handles all lawn care and snow removal and the trash, so association fee is reasonable. Note regarding insurance: This owner chose to get an upgraded insurance policy, but new owner could lower their insurance cost a lot by having the more basic policy that other owners have in this area. Leased coin laundry in the building provides additional revenue. Units are all in good working order. May be purchased with 832 College (MLS #11227769), for a package deal! Excellent reliable steady cash flow! Make an offer today!
11227772
Other
1974
Du Page
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Executive Realty Group LLC
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