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841 W College Boulevard Addison, IL 60101 • Multi Unit - Multiple • Contingent

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Description

Excellent opportunity to own a well-maintained 6-unit multifamily property offering strong and stable cash flow. The building features a unit mix of three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, appealing to a wide range of tenants. The property currently generates $117,360 in annual rental income based on the existing rent roll, making it an attractive addition to any investor's portfolio. HOA covers landscaping, snow removal, and parking lot maintenance, helping reduce ownership responsibilities. Ideally located near major highways and shopping centers, this property offers convenience and accessibility, enhancing tenant demand and long-term value. A turnkey investment with steady income and upside potential-don't miss this opportunity!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: DuPage
Listed By:
ARNI Realty Incorporated 847-699-8177
MRED MLS
$950,000
Est. $6,095/mo
New to the Market Contingent
BEDS0 BATHS MLS#12616811
STATUSContingent PROPERTY TYPEMulti Unit - Multiple
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Malisa Kothe
 (319) 850-6936

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841 W College Boulevard , Addison, IL 60101.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $950,000$950,000$950,000
Down Payment $190,000$33,250$237,500
Monthly Mortgage Amount $4,496$5,668$5,822
Taxes $1322$1322$1322
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$570$0
Monthly Estimated Total $6,095$7,837$7,421

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