The Pankey Group
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Open Houses
Wed, May 6th 4:00pm - 6:00pm
Description
Pride of homeownership shines throughout this exceptionally well-maintained solid brick 2-flat, lovingly cared for by the same owner for nearly 30 years. Situated on an oversized irregular corner lot, this property features two spacious units, each offering 3 bedrooms and 1.5 baths, with bright functional layouts, generous room sizes, and hardwood floors throughout the first-floor unit. The professionally finished basement offers excellent space for in-law arrangement, complete with a custom bar and expansive recreation area. Additional highlights include separate entrances, ample storage, heated floors in the basement, coin laundry for extra income, well-maintained mechanicals, approximately 10-year-old roof, newer water heaters, and a new sump pump. The 2-car garage provides additional rental potential, while the beautifully landscaped yard adds charm and outdoor enjoyment. The second-floor tenant pays separate gas and electric, while the owner currently covers utilities for the first floor and basement. All units are currently rented, with tenants willing to stay. Rents are below current market value, offering excellent upside potential for increased future cash flow and investment growth. Located in a quiet neighborhood with highly regarded schools, this is an outstanding opportunity for both investors and owner-occupants alike. Showings start Wednesday May 6, 4-6pm.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 5
County: Cook
High School: Ridgewood Comm High School
Listed By:
Exit Realty Redefined
773-250-7410
MRED MLS
MLS ID: 12633114
Get in Touch
Contact an agent to learn more about
4433 N Neenah Avenue, Harwood Heights, IL 60706.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $825,000 | $825,000 | $825,000 |
| Down Payment | $165,000 | $28,875 | $206,250 |
| Monthly Mortgage Amount | $3,957 | $4,857 | $5,056 |
| Taxes | $1148 | $1148 | $1148 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $363 | $0 |
| Monthly Estimated Total | $5,346 | $6,609 | $6,445 |
The Pankey Group
Cell: (309) 721-8830
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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