Lombard, IL 60148 105 E Grove Street
$2,000,000
Presented By: Keller Williams Premiere Properties
Home Details
Presenting an exceptional multifamily investment opportunity in Lombard, IL. This distinguished property comprises a 7,208 SF building offering 12 units, providing a compelling investment proposition for multifamily low-rise/garden investors. Built in 1960 and strategically zoned R6, this property embodies strong potential for income generation and long-term value. Situated in the sought- after Lombard area, this property offers a combination of well- defined living spaces and a favorable zoning designation, making it a promising asset for investors seeking a lucrative addition to their portfolio in the dynamic Lombard market.
Presented By: Keller Williams Premiere Properties
General for 105 E Grove Street
Additional Parcels Y/NNo
Cap Rate6.27
CityLombard
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyDuPage
Current UseMulti-Family
DirectionsOn I-88 W from Chicago, exit/merge onto IL-38 W Roosevelt Rd. Use the right lane to ramp onto IL 83 N / Kingery Hwy. Turn left onto St Charles Rd. Turn right onto N Grace St, turn left on E St Charles
Electric Expense2200
Fuel Expense4000
Gross Income196080
Insurance Expense5000
Lot Size Square Feet13068
MLS AreaLombard
MaintenanceExpense5000
Net Operating Income125431
Number Of Units Total12
Operating Expense76168
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount26886
Tax Year2024
TownshipYork
Trash Expense2700
Water Sewer Expense3100
Year Built1960
ZoningMULTI
Exterior for 105 E Grove Street
Building Area Total7208
BuyerOfficeFax(847) 255-0492
Lot Dimensions131X100
Lot Size Acres0.3
Additional Details
Price History

SQFT • 7,208