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1407 E Roosevelt Road Wheaton, IL 60187
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Key Details
Sold Price $651,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11895101
Sold Date 10/31/23
Bedrooms 7
Year Built 1970
Annual Tax Amount $7,767
Tax Year 2022
Lot Dimensions 60X142
Property Description
Introducing a Fantastic Investment Opportunity for a 1031, long term hold or Owner occupant, all in a Charming Neighborhood. This property practically guarantees immediate tenant occupancy. This four-unit building showcases generously proportioned apartments. One of these units comprises 1 bedroom and 1 bathroom, while the remaining three units each offer 2 bedrooms and 1 bathroom. Notably, two of the two-bedroom units have recently undergone extensive kitchen and bathroom renovations. All 4 units are leased. This property boasts a prime location, providing convenient access to shopping, downtown Wheaton, the Metra commuter train, a bus stop conveniently located right in front, and proximity to Wheaton College. Maintenance is a breeze, thanks to the solid all-brick construction, updated windows, and doors throughout. Each unit is equipped with gas cooking facilities and features balconies for the top two apartments. Electric meters are individually metered for each unit, and there is a shared laundry facility for added convenience. Tenants are responsible for their own electric expenses, and ample parking is available. While the building is in excellent condition, it is being offered for sale AS-IS, ensuring a hassle-free transaction.
Location
State IL
County Du Page
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 200, 200, 200
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Katerina Pavlova • REMAX Legends