7343 W FULLERTON Avenue
Elmwood Park, IL 60707

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $570,000
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About this home

This beautiful solid brick 3 unit building in Elmwood Park is an awesome investment opportunity! It's in an amazing area and the monthly cash flow is incredible! Buy it as an investment property, or live in one unit and rent the others! It's a win-win! This property has been very well maintained and many updates have been completed including newer roof, windows and tuckpointing. All water heaters are brand new. The entire building has been freshly painted (all units including the laundry area). The current owners completed cosmetic upgrades to units 1 & 2 and the garden unit has been completely renovated! In addition to the three rental units, this property generates additional rental income from the 2 garage ($100/month) and coin laundry ($130-$200/month)! This property has so much to offer including a nice patio area for grilling and relaxing. Plus, its close to public transportation: metra train, bus, shopping and parks.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building No
Approx Year Built 1961
Parking Total 2
Exterior Building Type Brick
Exterior Property Features Storms/Screens
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major Elmwood Park
Zoning Type MULTI
Corporate Limits Elmwood Park
Directions FULLERTON AVE. WEST OF HARLEM
Elementary Sch Dist 401
Heat/Fuel Natural Gas, Baseboard
High Sch Dist 401
Sewer Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 401
Township Leyden
Interior Features
Basement Description Partially Finished
Basement Partial
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 18
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 5
Security Deposit 1500
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1700
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 4/24
Rooms Total 5
Security Deposit 1700
Tenant Pays Electric,Gas
Floor Number 2
unit 3
Beds Total 1
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 10/24
Rooms Total 3
Security Deposit 1100
Tenant Pays Electric,Gas
Floor Number G
Property / Lot Details
Lot Dimensions 30X125
Lot Description Fenced Yard
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Electric Expense Source Actual
Financing Conventional
Gross Rental Income $51,600
Insurance Expense $182
Insurance Expense Source Actual
Other Addl Income Coin Laundry, Garage/s
Rental Income 4300/MONTH
Investment Profile Residential Income
Water Expense $140

Tax/Assessments/Liens

PIN 12362040400000
Special Assessments N
Taxes $12,627
Tax Exemptions None
Tax Year 2022
$570,000 Listing Price:
MLS # 11942418
Investment Profile Residential Income
Listing Market Time 120 days
Basement Partial
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 12/06/2023
Year Built 1961
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