Brian Thomas
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
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 Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 5,067
County: Cook
Listed By:
RE/MAX City
773-775-0600
MRED MLS
MLS ID: 12790364
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714 W Ivanhoe Lane, Mount Prospect, IL 60056.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $975,000 | $975,000 | $975,000 |
| Down Payment | $195,000 | $34,125 | $243,750 |
| Monthly Mortgage Amount | $5,124 | $6,289 | $6,320 |
| Taxes | $1357 | $1357 | $1357 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $585 | $0 |
| Monthly Estimated Total | $6,765 | $8,515 | $7,961 |
Brian Thomas
REALTOR®
Cell: (563) 495-1741
licensed in IA & IL
Clinton Office
301 North Second Street
Clinton, IA 52732
(563) 242-4602
Clinton, IA 52732
(563) 242-4602
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