$540,000
$525,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
8330 Central Park AVE Skokie, IL 60076
7 Beds
5 Baths
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11779085
Sold Date 06/16/23
Bedrooms 7
Annual Tax Amount $12,305
Tax Year 2021
Lot Dimensions 40X123
Property Description
Amazing 3-flat opportunity in prime Skokie location across the street from McNally Park, John Middleton Elementary School, and close to Old Orchard Shopping Center Mall and the Skokie Northshore Sculpture Park! Both of the upper level units feature 3 beds and 1.5 baths, and tenants of both units love the large East-facing windows with abundant natural light, spacious dining area with seating for 6, ample kitchen storage, open space for in-kitchen dining, and generously sized bedrooms. Projected rent for these units is $1,650/month including parking, and the tenants of all 3 units have lived in the building for over a decade. The 1-bed 1-bath lower level unit provides projected additional income of $700/month including parking for a total projected gross annual income of approximately $48K - at a projected cap rate of 5.83%! Tenants love the shared backyard, and convenient basement laundry. Central Skokie location close to Evanston, the highway, Sam's Club and more! 2-car detached garage.
Location
State IL
County Cook
Area Skokie
Zoning MULTI
Rooms
Basement Full, English
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
Elementary Schools John Middleton Elementary School
Middle Schools Oliver Mccracken Middle School
High Schools Niles North High School
School District 73.5 , 73.5, 219
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Alia Kolovic • Century 21 Circle
GET MORE INFORMATION