Otto Nobis
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Excellent Investment Opportunity in Chicago Ridge! Longtime owners proudly offer this neat and clean all brick apartment building with numerous updates and outstanding potential! The existing layout features four 2-bedroom apartments and one 1-bedroom apartment. Currently configured as a 5-unit building, the property offers the possibility of 6 units, as that space is currently used as an office and common space. Or one huge owners suite--the possibilities are endless! (Due diligence required) Common area laundry room with washer/dryer and sink. Ample parking in the rear of the building. Major improvements include a commercial steel roof, new boiler in 2017, new windows and doors in 2025, four remodeled bathrooms in 2025, new A/C units in 2026, and fresh interior paint in 2025. The property is currently vacant, offering immediate possession and the opportunity to explore its income-producing potential. Multi-unit properties in Chicago Ridge are a rare find! Don't miss this opportunity to invest in a well-maintained brick building with updates already completed and potential for added value. Bring your vision and explore the possibilities!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 5,376
County: Cook
Listed By:
RE/MAX 10
815-485-5500
MRED MLS
MLS ID: 12681908
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10409 Moody Avenue, Chicago Ridge, IL 60415.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $795,000 | $795,000 | $795,000 |
| Down Payment | $159,000 | $27,825 | $198,750 |
| Monthly Mortgage Amount | $4,231 | $5,193 | $5,153 |
| Taxes | $1106 | $1106 | $1106 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $350 | $0 |
| Monthly Estimated Total | $5,569 | $6,881 | $6,491 |
Otto Nobis
REALTOR®
Cell: (563) 340-9782
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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