4919 W Roosevelt Road

Cicero, IL 60804

Newly rehabilitated and fully rented 3 unit building. Extensive work done on all units. A detailed listed of rehab will emailed to the buyer agent. SS Appliances, granite counter tops. Free Washer/Dryer in basement for tenants. AC Wall units provided to tenants but belong to the building. Brick gated back yard with a brick garage. Solar panels on roof with a long term lease to reduce energy inflation on unit 2R and public areas. Unit 3 fully furnished and used as a mid term air bnb 3-6 months stays. It can be used as a long term lease if wanted by the new owner. Long term leases with tenants who pay their own utilities. Rent rolls will be provided. All electronic payment receipts. Just passed Cicero Electrical and Compliance inspections. None will be needed by the new owner for the standard compliance required in Cicero. $5,450 Gross Rent Gross Cap 13.3% Net Cap 10.4% not including a current rate of 7% annual appreciation in this part of Cicero.

This is an Active listing.

Broker Office Phone Number: 630-929-1100

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