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Beth Kaim, Sales Associate
SOLD
$795,000
Date 07/31/2023

7247 W Wellington Avenue
Elmwood Park, IL 60707

Business Opportunities
Residence
Courtesy: Chicagoland Brokers, Inc.
RARELY DO YOU COME ACROSS SUCH A BEAUTIFUL BRICK 5-UNIT APARTMENT BUILDING WITH A 3-CAR BRICK GARAGE. IT IS A PERFECT OPPORTUNITY FOR BOTH INVESTMENT AND LIVING PURPOSES. THE BACKYARD IS SIMPLY GORGEOUS, ADORNED WITH APPLE, PEAR, AND GRAPE TREES, AS WELL AS A PATIO AND A DESIGNATED AREA FOR GARDENING, CREATING A WONDERFUL GARDEN-LIKE ATMOSPHERE. ALL UNITS HAVE BEEN METICULOUSLY MAINTAINED. HARDWOOD FLOORS AND CERAMIC TILE FLOORS IN THE BATHROOMS. IN ADDITION, THERE ARE 6 EXTRA STORAGES AND A COIN-OPERATED LAUNDRY IN THE COMMON AREA. FURTHERMORE, THE HUGE BASEMENT OFFERS ADDITIONAL ROOMS THAT ARE CURRENTLY BEING USED FOR STORAGE. THIS BUILDING IS FULLY OCCUPIED, WITH RENTS KEPT LOW DUE TO THE LONG-TERM TENANTS WHO ARE ON MONTH-TO-MONTH LEASES. IT PRESENTS A GREAT INVESTMENT OPPORTUNITY IN AN AREA WITH EXCELLENT RENTAL POTENTIAL, BOASTING NEARBY SCHOOLS, PARKS, A BUS STOP ON HARLEM AVE AND BELMONT AVE, ALSO VARIOUS SHOPPING OPTIONS. ADDITIONALLY, THE PROXIMITY TO THE METRA ADDS TO THE CONVENIENCE OF THE LOCATION. WITH NUMEROUS IMPROVEMENTS AND SITUATED IN THE FANTASTIC RENTAL LOCATION OF ELMWOOD PARK, THIS BUILDING IS TRULY REMARKABLE.
11804975
Business Opportunities, Other
Cook
1955
Brick
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Courtesy: Chicagoland Brokers, Inc.
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