7919 W Belmont Avenue
Elmwood Park, IL 60707

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $595,000

About this home

OPPORTUNITY OF A LIFETIME. The pride of ownership is undeniable when driving past this stunning property. Incredible investment property or the option to live owner-occupied come February. Impeccable income producing Elmwood Park Brick 3-Flat with large rear fenced-in yard and detached 2 Car Garage with additional parking spot in rear. Property boasts many improvements such as: Newer windows; 3 newer boilers (4 years); 75 gal hot water tank (4 years); Recently updated electric; Recently updated copper plumbing; Flood control installed; Newer coin-operated washer dryer in basement (4 years); New roof on building (3 years ago); New hallway carpet; New paint throughout building. Garage Improvements: New garage roof (2 years); New garage windows (2 years); New garage door opener (2 years); New garage doors (overhead and entry, 3 years); New vinyl siding on garage; New garage soffit, fascia, and downspouts; New landscaping (2 years). Apartment Improvements:Remodeled bathrooms throughout; New flooring throughout; New countertops throughout; Remodeled kitchens throughout; New light fixtures throughout; Newer appliances. Building has new concrete front sidewalk through the Elmwood Park Village 50/50 Sidewalk Program. All units are currently rented with security deposits and have separate utilities. Rents and lease end dates are as follows: Unit G: $1250, Exp. 3/31/2024; Unit 1: $1475, Exp. 2/28/2024; Unit 2: $1650 Exp. 2/28/2024 SERIOUS BUYERS ONLY

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 25X125
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
Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Finished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1250
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 03/24
Rooms Total 3
Security Deposit 1250
Tenant Pays Electric,Gas
Floor Number G
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1475
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 02/24
Rooms Total 5
Security Deposit 1475
Tenant Pays Electric,Gas
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1650
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 02/24
Rooms Total 5
Security Deposit 1650
Tenant Pays Electric,Gas
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building No
Approx Year Built 1957
Parking Total 2
Exterior Building Type Brick
Foundation Concrete Perimeter
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Flat
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elmwood Park
Corporate Limits Elmwood Park
Directions Belmont Avenue West to Property. Property on South Side of the Street.
Elementary Sch Dist 401
Heat/Fuel Natural Gas, Electric
High Sch Dist 401
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 401
Township Leyden

Financials

Financing Conventional
Rental Income $52,500
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 12251000500000
Special Assessments U
Taxes $12,040
Tax Exemptions None
Tax Year 2022
$595,000 Listing Price:
MLS # 11919555
Investment Profile Residential Income
Listing Market Time 123 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 11/04/2023
Year Built 1957
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