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4831 BELMONT Road Downers Grove, IL 60515
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Key Details
Sold Price $1,390,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10474228
Sold Date 01/31/20
Year Built 2008
Annual Tax Amount $17,004
Tax Year 2018
Lot Dimensions 60 X 231
Property Description
Amazing turn key investment opportunity. 5 gorgeous townhomes with attached 2 car garages within a block of the Belmont Metra Station's 32 minute express service to Chicago. Units feature hardwood floors throughout first and second levels. Spa-like master baths. In-unit laundry on the second floor. All have full basements as well with the end units finished including an additional full bath. Built in 2007-8 this virtually maintenance-free income property rents easily due to commuter-friendly location and the unique quality of the units for the price point. The vacancy rate in the past 11 years has been non-existent. Several tenants have extended for multiple year tenures. In short, a property manager's dream investment.
Location
State IL
County Du Page
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Fireplaces Number 2
Fireplace Y
Exterior
View Y/N true
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Bought with Tony Stoychev • Keller Williams Realty Ptnr,LL
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