Oak Lawn, IL 60453 9516 S KOLIN Avenue
$975,000
Presented By: Infiniti Properties, Inc.
Beds • 3
Home Details
TURN-KEY INVESTMENT! Fully rented 6 unit brick building in the heart of Oak Lawn. Superb location- densely populated southwest suburb with high demand for rental units. Great investment opportunity- 6 units- rented out with solid tenants. Clean and well kept building. New roof. 5 two bedroom units and 1 one bedroom unit. Month to month tenants. Rear parking lot & laundry on premise (with additional income). Walking distance to Christ Hospital, transportation and local shopping and restaurants. Strong investment with solid income. Tenants pay their own gas bill.
Presented By: Infiniti Properties, Inc.
Interior Features for 9516 S KOLIN Avenue
Other Interior Features
BasementPartially Finished
General for 9516 S KOLIN Avenue
Additional Parcels Y/NNo
Cap Rate7.7
CityOak Lawn
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWall Sleeve
CountyCook
Current UseMulti-Family
Directions95TH STREET TO KOLIN - 4400 WEST BETWEEN CICERO & PULASKI
Electric Expense700
Fuel Expense
Gross Income103200
Insurance Expense6000
MLS AreaOak Lawn
MaintenanceExpense
Net Operating Income75110
Number Of Units Total6
Operating Expense13200
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
SewerStorm Sewer
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount19690.9
Tax Year2024
Tenant PaysElectricity
TownshipWorth
Trash Expense0
UtilitiesSewer Connected
Water Sewer Expense6000
Year Built1966
ZoningMULTI
Exterior for 9516 S KOLIN Avenue
BuyerOfficeFax(708) 573-0405
Frontage TypeCity Street
Lot Dimensions66X129
Lot Size Acres0.2
Additional Details
Price History
