Des Plaines, IL 60016 9662 Golf Terrace
$779,000
Sold: Jun 07, 2024
Presented By: Berkshire Hathaway HomeServices Starck Real Estate
Home Details
This is a great investment opportunity to own a six multi unit building. Featuring three two bedroom apartments with hardwood floors and three one bedroom apartments. The four apartments have hardwood floors. Coin laundry in basement. 11 assigned parking spaces. Entire building has brand new windows, building was tuckpointed three years ago, roof is newer, new hot water tank and newer bolier. Garden apartment and rear stairwell freshly painted. Current rent rates are lower than regular current market rates due to stable long term tenants. Located close to the expressway, Golf Mill Shopping center and great restaurants. "SOLD as IS"
Presented By: Berkshire Hathaway HomeServices Starck Real Estate
General for 9662 Golf Terrace
Additional Parcels Y/NNo
CityDes Plaines
Close Price750000
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Days on Market8
DirectionsGOLF WEST OF MILWAUKEE, TO GOLF TERRACE NORTH
Electric Expense600
Fuel Expense1400
Gross Income64440
Insurance Expense1600
Lot Size Square Feet9343
MLS AreaDes Plaines
MaintenanceExpense
Net Operating Income50160
NumberOfUnitsTotal6
Operating Expense6240
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusClosed
StatusClosed
Stories3
Street NameGolf
Tax Annual Amount7359
Tax Year2022
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense1200
Year Built1969
ZoningMULTI
Exterior for 9662 Golf Terrace
ExteriorBrick
Lot Dimensions0.215
Street SuffixTerrace
Dora Karlos
Real Estate Broker