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    5008 Florence Avenue

    Downers Grove, IL 60515
    • $405,000
    • STATUS: Active Under Contract
    • ON SITE: 348 days
    • MLS #: 10542181
    Under Contract
    UPDATED: 52 min ago
    $405,000
    • 6
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Location, Location, Location! Attention buyers looking for owner occupied investment properties, builders and investors. This profitable 3 unit rental property is located just 2 blocks from the BNSF train station at Fairview in beautiful Downers Grove. Built as a 2 flat with a legal 1 bedroom addition, this property has loads of potential with solid masonry construction and great bones. Upper level unit is 3 bed, 1 bath, spacious kitchen, hardwood floors (also under carpet), and dual vanity bath. Lower level is 2 bed 1 bath. Addition is 1 bed/1 bath. All 3 units have heat included in rent via baseboard heaters/boiler. 2 Car Garage is oversized and allows lots of storage. 5 parking spots as is but 1 more could be added. Roof is approx 6 years old, masonry/tuck pointing is in great shape, all floors are solid and level (no sloping floors!), no uneven walls or cracks in ceiling. Great neighborhood, schools, shopping, commuting, easy access to highways. What more do you need? Keep as a rental or convert to single family home and keep 1BD as an in-law suite or rental to help pay the mortgage. See broker private remarks for additional details.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-09-21T11:52:12.857 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    5008 Florence Avenue Downers Grove, IL 60515

    • Price: $405,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • MLS #: 10542181
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1957
    Built
    Neighborhood:
    Downers Grove
    County:
    DuPage
    Area:
    Downers Grove
    Elementary School:
    Lester Elementary School
    Middle School:
    Herrick Middle School
    High School:
    North High School
    Property Description
    Location, Location, Location! Attention buyers looking for owner occupied investment properties, builders and investors. This profitable 3 unit rental property is located just 2 blocks from the BNSF train station at Fairview in beautiful Downers Grove. Built as a 2 flat with a legal 1 bedroom addition, this property has loads of potential with solid masonry construction and great bones. Upper level unit is 3 bed, 1 bath, spacious kitchen, hardwood floors (also under carpet), and dual vanity bath. Lower level is 2 bed 1 bath. Addition is 1 bed/1 bath. All 3 units have heat included in rent via baseboard heaters/boiler. 2 Car Garage is oversized and allows lots of storage. 5 parking spots as is but 1 more could be added. Roof is approx 6 years old, masonry/tuck pointing is in great shape, all floors are solid and level (no sloping floors!), no uneven walls or cracks in ceiling. Great neighborhood, schools, shopping, commuting, easy access to highways. What more do you need? Keep as a rental or convert to single family home and keep 1BD as an in-law suite or rental to help pay the mortgage. See broker private remarks for additional details.
    Exterior Features

    Cars 4 Exterior Building Type Brick Exterior Property Features Patio Floor Unit1 2 Floor Unit2 1 Floor Unit3 1 Garage Details Garage Door Opener(S)Transmitter(S) Garage On Site Yes Garage Ownership Owned Garage Spaces 2 Garage Type Detached Lot Dimensions 70X140 Lot Size Less Than .25 Acre Parking GarageSpace/S Parking Included In Price Yes Parking On Site Yes Parking Ownership Owned Parking Spaces 2 Style Of House Traditional Type Multi 2 Story Unit/S Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorDishwasher Appliances Features Unit2 StoveRefrigeratorDishwasher Appliances Features Unit3 StoveRefrigeratorDishwasher Basement None Basement Bathrooms YN No Basement Description None Bedrooms Above Grade 6 Bedrooms Below Grade 0 Bedrooms Unit1 3 Bedrooms Unit2 2 Bedrooms Unit3 1 Full Baths In Building 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Fuel BaseboardRadiant Rooms 13 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 4

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information None Age 61-70 Years Agent Owned Interest YN No Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Downers Grove Elementary Sch Dist 58 General Information School Bus ServiceCommuter BusCommuter Train High Sch Dist 99 Holds Earnest Money Yes Jr High Middle Dist 58 Lease Exp Date Mo Yr Unit1 4/19 Lease Exp Date Mo Yr Unit2 6/19 Lease Exp Date Mo Yr Unit3 6/19 New Construction No Ownership Fee Simple Possession ClosingNegotiable Recent Rehab YN No Rent Unit1 0 Rent Unit2 0 Rent Unit3 0 Sale Terms ConventionalFhaVa Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Year 2018 Taxes 8018 Tenant Pays Unit1 Electric Tenant Pays Unit2 Electric Tenant Pays Unit3 Electric Total Units In Building 3 Township Downers Grove Water Lake Michigan Zoning Type Singl

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Platinum Partners Realtors.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-09-21T11:52:12.857 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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