$725,000
$725,000
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SOLD DATE : 05/05/2026
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12593096
Sold Date 05/05/26
Maintenance Fees $3,600
Year Built 1963
Annual Tax Amount $13,961
Tax Year 2023
Lot Dimensions 50X120
Property Sub-Type Multi Family 5+
Property Description
This solid brick 6-unit multifamily property presents a turnkey investment opportunity with meaningful capital improvements already completed. Units have been updated with new flooring, modern appliances, upgraded plumbing, and breaker electrical panels, reducing immediate maintenance needs while enhancing tenant appeal. The building's major systems provide stability for long-term ownership, including a roof with shingles replaced approximately 10 years ago and a boiler system in serviceable condition. The property's durable brick construction and updated interiors position it well for continued rental demand and future rent growth. With strong in-place upgrades, reliable mechanicals, and a low-maintenance exterior, this asset offers investors a balanced combination of current cash flow and long-term durability in a stable Midlothian rental market.
Location
State IL
County Cook
Area Midlothian
Interior
Fireplace N
Building
Structure Type Brick
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michelle Galindo of Baird & Warner