86 West 34th Street, STEGER, Illinois
86 West 34th Street, STEGER, Illinois 60475 - Three units composed to two apartments and a large workshop. Traditional two flat with a 1400 sf workshop attached. Terrific rental income over $30,000 a year for investors or live in one and rent the other two. More than covers your mortgage, taxes and insurance. Property has been appraised with a 12.75% CAP rate (income method) valuing the property at $172,500. Newer furnaces, water heaters and A/C. Laundry room and storage in basement. Rear porch and parking for 7 cars. Carport and shed. Two bedroom (first floor) leased through October 2018, one bedroom (furnished) currently on month-to-month. Separate utilities, all units have central air. Perfect for rentals, owner occupied or a home based business. Over $11,000 in credits at closing for security deposits, paid taxes and prepaid rents. 24 hour notice to show.
Listing Courtesy of Kale Realty