Highland Park, IL 60035,533 Skokie Avenue
Highland Park, IL 60035,533 Skokie Avenue
Highland Park, IL 60035,533 Skokie Avenue
40
$630,000
$649,900
3.1%
Est.Price: ?

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6 BD

533 Skokie Avenue Highland Park, IL 60035

Est. payment /mo
SOLD DATE : 10/04/2024

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Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12126880

Sold Date 10/04/24

Style Tri-Level

Bedrooms 6

Year Built 1950

Annual Tax Amount $11,767

Tax Year 2022

Lot Dimensions 9762

Property Description

Nestled in East Highland Park, minutes from downtown Highland Park and Highwood, this fully remodeled townhome-style duplex presents a compelling investment opportunity. There are two 3 bed/2 bath units (2,800 sq ft total), separately metered, producing $68,100 in rent/year, with a cap rate of ~7.0%. Both units feature remodeled kitchens and bathrooms, new Anderson bedroom windows and refinished hardwood flooring. Each unit has a separate parking lot, with its own carport. The building has a brand-new roof, modern fencing, and an elegant landscape design. The first unit rents for $2,725, lease ending May 31, 2025, while the second rents for $2,950.00 with the same lease end date. Tenants pay all utilities, the owner pays landscaping, water/sewer and snow removal. If you're looking to acquire a mini portfolio, consider buying this along with another 3 units (~7% cap rate) in neighboring Highwood (see MLS#: 12124587)

Location

State IL

County Lake

Community Sidewalks

Zoning MULTI

Rooms

Basement Walkout

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Waterfront false

View Y/N true

Parking Type Assigned

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 113, 113, 113

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Scott Berg • Berg Properties
Bought with Exclusive Agency • NON MEMBER

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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