Victor Lopez Real Estate Team

1914 Railroad Avenue
MAYWOOD, IL 60153

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$885,000

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  • 1925 Year Built

  • 3/16/2018 List Date

  • 10,500 Bldg Sq Feet

MAYWOOD! 12 UNIT MULTI-FAMILY BUILDING FOR SALE! 3 STORY BRICK AND FRAME BUILDING! 12 UNITS IN TOTAL CONSISTING OF 12 RENTED 2 BEDROOM / 1 BATHROOM APARTMENTS! 3 - PARTIALLY FINISHED BASEMENTS WITH BUILDING LAUNDRY HOOKUPS FOR 2 SETS, NO EXISTING LAUNDRY MACHINES! THERE ARE BASEMENT STORAGE LOCKERS, OWNER USE ONLY! THERE ARE 4 OUTDOOR RENTED PARKING SPOTS! LANDLORD PAYS WATER AND BUILDING COMMON ELECTRIC! TENANT PAYS COMMON GAS HEAT AND ELECTRIC! ALL UNITS HAVE CENTRAL HEAT AND A/C MECHANICAL CLOSETS! BUILDING LOCATED SOUTH OF MELROSE PARK METRA TRAIN STATION! 95% OCCUPIED! NEWER UNITS AND NEWER WINDOWS! COPPER PLUMBING! MAJOR BUILDING REMODEL 2001! SOME UNITS 24HR NOTICE! SELLER FINANCING AVAILABLE, PLEASE CALL ME! SELLER FIRM ON SELLING PRICE.
MLS#
09835801
Property Type
Commercial
original price
$850,000
price change
$-35,000 ( -4.1%)

Additional Details

Exterior

Multi Family Details

This listing 1914 Railroad Avenue Maywood, Il 60153 is a multi family 5+ listing on a lot of 6,534 sqft (or 0.15 acres). 1914 Railroad Avenue was built in 1925. 1914 Railroad Avenue is located in Maywood and in ZIP Code 60153. It has been listed on our site since 3/16/18.

Presented by

Victor Lopez

  • Office 630.964.1855
  • Cell 630.660.1292

Listing Office

Baird & Warner

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Maywood

Maywood

Maywood boasts several historic homes listed on the National Register of Historic Places and is rich with history connected to aviation and automobile racing. With an estimated population of 26,987 people, the community promotes economic development and growth.   Click here to read more.

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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