River Grove, IL 60171,8824 Cherry AVE
River Grove, IL 60171,8824 Cherry AVE
River Grove, IL 60171,8824 Cherry AVE
River Grove, IL 60171,8824 Cherry AVE
River Grove, IL 60171,8824 Cherry AVE
River Grove, IL 60171,8824 Cherry AVE
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$ 705,000
Est. payment | /mo

8 Beds

5 Baths


$ 705,000
Est. payment | /mo

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12411670

Bedrooms 8

Year Built 1965

Annual Tax Amount $14,228

Tax Year 2023

Lot Dimensions 3706 SQFT

Property Sub-Type Two to Four Units

Property Description

Welcome to 8824 Cherry - A Turnkey Investment Opportunity! Attention investors and potentially owner-occupants! This legal 3-unit building is a proven income generator with long-term tenants in place. Fully rented and well-maintained, with room to increase rental amounts. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath's rented at $1550 including the newer oversized garage spot and private dedicated w/d right outside door. Middle floor was completely remodeld w/ beautiful finishes. Top floor same floor plan as middle floor and in good condition. No history of flooding in this building. Large front side driveway big enough to fit 6 exterior cars. $4970 total gross income but can be much higher. All leases expire 4.30.2026. Coin laundry in basement. Good condition and well maintained. Make your offer now!

Location

State IL

County Cook

Area River Grove

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 1.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools River Grove Elementary School

Middle Schools River Grove Elementary School

High Schools East Leyden High School

School District 85.5 , 85.5, 212

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Virtual Tour https://tour.vht.com/434476634/8824-cherry-ave-unit-3-river-grove-il-60171/3dtour/idx

Midwest Real Estate Data (MRED) IDX
Listed by Rose Toma • @properties Christie's International Real Estate

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