459 Oak Street,
459 Oak Street Des Plaines, Illinois 60016 United States

459 Oak Street
459 Oak Street Des Plaines, Illinois 60016 United States

$1,499,000USD
 
  • .31 Acres
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459 Oak Street

About 459 Oak Street, Des Plaines, Illinois

Rare opportunity to invest in a completely renovated and fully occupied 8 units in a terrific Des Plaines location and assume a low 4.630% interst rate! Gutted to the studs in 2018, 459-465 Oak St received over $400,000 in unit and building systems improvements, including NEW KITCHENS, NEW BATHROOMS, NEW ENGINEERED HARDWOOD FLOORING & INSTALLATION OF IN-UNIT W/D. Systems improvements include NEW PLUMBING, ELECTRIC, HVAC & WATER HEATERS! The property has ZERO DEFERRED MAINTENANCE and presents a fantastic opportunity for long-term cash flow. All utilities, including water, are individually metered for maximum landlord profitability. Easy access to highways, the train station, Metropolitan Square, and many other dining & entertainment options. DEBT MUST BE ASSUMED outstanding debt is 1,080,000. 25% Down required. It's a 10 yr Note, 30 yr Amort. Annual Interest Rate: 4.630%.

Listing Courtesy of 33 Realty

Marketed By

Property ID:11468733

MLS ID:11468733

Listing Courtesy of 33 Realty