BEDS0
BATHS
SQUARE FEET5,067
MLS#12790364
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
Property Description
Pride of ownership, a beautiful setting, and rental upside; all in one standout six-unit investment! Located in a nicely landscaped Mount Prospect subdivision with parks within walking distance, 714 W. Ivanhoe Lane offers manicured grounds and well-maintained, turnkey units. The care invested in this property is evident throughout, making it an appealing opportunity for buyers seeking an established income-producing building. Current rents are estimated to be average approximately $200-$300 per unit, per month below area market rents, offering meaningful potential for income growth as leases permit. Enjoy the advantages of a cared-for property today with room to strengthen its performance over time. An attractive opportunity to start or expand your investment portfolio. Rent roll and property financials available upon request.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Sleeve
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $17,948
Year Built: 1977
Feature Descriptions
Drains: Balcony/ies, Patio
Exterior: Brick
HVAC: Central Heat/Indiv Controls, Gas, Hot Water, Baseboard
Lot Dimensions: 48 X 53
Miscellaneous Indoor: Laundry Room
Miscellaneous Outdoor: Balcony/ies, Patio
Parcel#: 08144011290000
Parking: 6-12 Spaces, Assigned Spaces, Common Parking, Paved, Private Lot
Tenant Pays: Electricity
Units: 6
Listed By / Shown By
Listed By
Agency Name: RE/MAX City
Agency Phone: 773-775-0600
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,949.97 per month $2,169.93 Principal & Interest $1,495.67 Property Tax $284.38 Homeowner's InsuranceChange Payment Information
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714 W Ivanhoe Lane | MLS# 12790364
This multi-family property located at 714 W Ivanhoe Lane, Mount Prospect, IL 60056 is currently listed for sale with an asking price of $975,000. Search Mount Prospect real estate on www.bhhscrosby.com today.