Westmont, IL 60559,508 N Cass Avenue
Westmont, IL 60559,508 N Cass Avenue
Westmont, IL 60559,508 N Cass Avenue
15
$1,575,000
$1,600,000
1.6%
Est.Price: ?

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5,662 Sqft Lot

508 N Cass Avenue Westmont, IL 60559

Est. payment /mo
SOLD DATE : 04/30/2019

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Key Details

Sold Price $1,575,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10263778

Sold Date 04/30/19

Year Built 1973

Annual Tax Amount $32,380

Tax Year 2017

Lot Size 5,662 Sqft

Lot Dimensions 66X82

Property Description

Rare opportunity to acquire multi-unit property in near-west suburbs. This is a "broken condo", where 13 of the 20 units in the building are owned by the Seller, and 7 are individual condo owners. Of the 13 units, 9 have been renovated to condo-like finishes, and the remaining four are in good condition. Seller also owns 11 of the 19 garages, and there are 24 common element parking spaces. Building is centrally located, near shopping on Ogden Ave, Public Library, and Metra train. Value add opportunity to renovate remaining units, raise rents, and possibly acquire remaining condo units over time.

Location

State IL

County Du Page

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

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Listed by Dale Todd • Charles Rutenberg Realty of IL
Bought with Georgia Colovos • RE/MAX Destiny

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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