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USAILRiver Grove8824 Cherry Ave
8824 Cherry Ave, Home with 8 bedrooms, 5 bathrooms and 7 parking in River Grove IL | Image 1
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$690,000

8824 Cherry Ave, River Grove, IL

Real Estate

For Sale

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857
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $14,228
Days Active 20
Lot Size 
Approx. Age 1965
MLS® Number 12454642

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 8824 Cherry - A Turnkey Investment/money making Opportunity! Investors and potentially owner-occupant! This legal 3-unit building is a proven money maker w/ long-term tenants in place and low rents. Fully rented and well-maintained, w/ a lot of room to increase rental amounts to market rates. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath & includes the newer oversized garage spot & has a private dedicated washer/dryer closet, right outside the door. Middle floor has 3 good sized bedrooms 1 1/2 baths, was completely remodeld w/ beautiful finishes, rent here could much higher...Top floor same floor plan as middle floor and in good condition. No history of flooding in this building. Large front side driveway big enough to fit 6 exterior cars. All leases expire 4.30.2026. Coin laundry in basement for extra income. River Grove Pre-sale inspeciton completed. Roof 6-7 years old. Projected market rents give this a cap rate is 7.1%!! Make your offer now!Show Description
MLS® Number12454642
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1965
BasementFinished, Full
DrivewayGarage Door Opener, On Site, Garage Owned, Detached, Assigned, Off Street, Side Apron, Driveway, Additional Parking, Direct Access, Garage Faces Side, Storage, Owned, Garage
Garage Spaces
HeatNatural Gas
A/C
Heating Fuel

Extras

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