Bridgeview, IL 60455 7403 W 71st Street

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Presented By: Chicagoland Brokers, Inc.
  • MLS# 12260042
  • 01/05/2025
  • Request Tour
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  • Beds • 4
  • SQFT • 5,000

Home Details

Priced to sell fast! Highest and best offers only! Attention savvy investors! Multiple offers already received-we are now calling for your highest and best offers. Pre-approval required to submit offers and schedule showings. Discover an unparalleled investment opportunity with this fully remodeled five-unit apartment building in the highly desirable Bridgeview area. Offering a perfect blend of modern amenities, recent upgrades, and exceptional income potential, this property stands out for investors seeking consistent cash flow. The building includes four spacious one-bedroom units and one large three-bedroom, two-bath unit-all fully rented to quality tenants. Every unit is equipped with high-efficiency systems and energy-efficient appliances, including fridges, stoves, and wall-unit ACs, ensuring low operating costs and tenant satisfaction. LED lighting throughout the hallways, smoke and carbon monoxide detectors, and coin-operated laundry facilities (with growing revenue) make this building both safe and profitable. Major renovations include a new roof and gutters (5 years ago), new windows (6 years ago), a new water heater (2 years ago), and most appliances upgraded within the past year. Elegant pinewood trim adds durability and charm throughout. Separate gas and electric utilities allow tenants to manage their own usage, maximizing profitability. Situated in a prime location near schools, restaurants, gyms, Walmart, Pete's Market, SeatGeek Stadium, and more, this property ensures high demand year-round. This apartment building is not just an investment-it's a versatile, strategic asset designed for consistent income and future growth. Submit your highest and best offer before this rare opportunity is gone!
Presented By: Chicagoland Brokers, Inc.

General for 7403 W 71st Street

Additional Parcels Y/NNo
Association Fee IncludesParking, Exterior Maintenance, Lawn Care, Snow Removal
CityBridgeview
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsHarlem Ave North or South to 71st St., West To 7403 W 71st St
Electric Expense2400
Fuel Expense2500
Gross Income96575
Insurance Expense2000
Lot Size Square Feet7710
MLS AreaBridgeview
MaintenanceExpense2500
Net Operating Income75710
Number Of Units Total5
Operating Expense16090
PossessionClosing
Possible UseCommercial, Office, Development, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount14150
Tax Year2023
Tenant PaysElectricity
Trash Expense1200
Virtual TourClick here
Water Sewer Expense1500
Year Built1974
ZoningMULTI

Exterior for 7403 W 71st Street

Building Area Total5000
Foundation DetailsConcrete Perimeter
Frontage TypePublic Road
Lot Dimensions7710
Lot Size Acres0.21

Additional Details

Price History

Client Care

Price $875,000
MLS#12260042
List Date 01/05/2025
Property Type Contingent
Phone 847.485.2500
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