Outstanding opportunity to own 22 one to three year old townhomes all in a single subdivision. huge Value add opportunity with future rent increases. Tenants pay for all utilities. Owners simply pay their insurance and HOA fees of $125/unit/year. Currently over $463000/annual income. With future projections to be at $554,400/annual income. Solar Panels have been installed on every home with EV Hookups in every garage. The Electric bills are next to nothing, saving your tenants money making them easier to rent. All maintenance free, easy to own town homes. The numbers work on this one. Some back up to fields, others back up to water. There is a community common areas less than 1 block away, and Subdivision park with trails, basketball and tennis courts, sledding hills, and skate park. Location is near University of Illinois and Parkland College. Full list of financials, leases, rent rolls on file.
Based on information submitted to the MLS GRID as of 04/28/2024 03:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
