Christine Riso

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Home Search 7711 South Woodward Avenue, WOODRIDGE, Il 60517

7711 South Woodward Avenue, Woodridge, IL 60517

$529,900

Active

Commercial
Multi Family 5+
MLS# 07481685

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Property Details

Current Price: $529,900
Original Price: $534,900.00
Listed: 03/26/10 (1151 Days on Market)
Current Use: Residential-Multi-Family
Potential Use: Residential-Multi-Family
Year Built: 1978
County: Du Page
Subdivision: GOLF MEADOWS ESTATES

Description

Fabulous income property in easy to rent area. 6 units-5-2 bedroom/1-1 bedroom. Laundry coin operated. Management if requested. Reasonable price right near Naperville! Association maintains snow and lawn-golf course view.

Additional Property Details

General

Transaction Type:	Conventional

Transaction Type:

Conventional

Construction

Exterior/Construction:	Brick
Green Disclosure:	No

Foundation:	Concrete

Foundation:

Concrete

Parking

Parking Indoor:	6-12 Spaces
Outdoor Parking:	6-12 Spaces,Lighted

Utilities

Cooling System:	Wall Sleeve
Electricity:	Circuit Breakers

Heating/Ventilation System:	Central Heat/Indiv Controls, Baseboard

Heating/Ventilation System:

Central Heat/Indiv Controls, Baseboard

Multi Family Details

Apartment Info	# Units	Rooms	Bedrooms	Baths (F/H)	Monthly Income Range (Min-Max)
Type 1	1	3	1	1	750
Type 2	5	4	2	1	4310

Age:	26-35 Years
Type Ownership:	Individual
Frontage/Access:	Public Road
Current Use:	Residential-Multi-Family
Potential Use:	Residential-Multi-Family
Amenities:	Curbs and Gutters, Security Entrance, Sidewalks
Monthly Assessment Includes:	Parking,Common Insurance,Lawn Care,Snow Removal
Owner's Association:	Yes

Type of Multi-Family:	Garden Complex
Construction:	Brick, Concrete
Exterior:	Brick
Foundation:	Concrete
Roof Structure:	Hip
Roof Coverings:	Shingle Composition
Misc. Outside:	Balcony/ies, Enclosed Stairs, Fire Escape, Security Lighting, Security System
Indoor Parking:	6-12 Spaces
Outdoor Parking:	6-12 Spaces, Lighted
Misc. Inside:	Storage Inside

Air Conditioning:	Wall Sleeve
Electricity:	Circuit Breakers
Heating/Ventilation Description:	Central Heat/Indiv Controls, Baseboard
Utilities to Site:	Sanitary Sewer to Site, Water-Municipal
Tenant Pays:	Electric
Green Disclosure:	No
Possession:	Closing

Gross Rental Income:	$60,720
Gross Rental Multiplier:	100
Total Annual Expenses:	$25,122
Annual Net Operating Income:	$37,034
Water Expense:	$1,380
Repairs/Decor Expense:	$2,888
Total Monthly Income:	$5,060
Tax Amount:	$8,820

Net Operating Income Year:	2009
Fuel Expense:	$5,539
Other Expense:	$12,087
Total Annual Income:	$62,176
Tax Year:	2009
Expense Year:	2009
Cap Rate:	6 %
Electricity Expense:	$400
Insurance Expense:	$2,650

Interior

Exterior

General

Number Of Stories:	3

Number Of Stories:

3

Property Features

Balcony/ies
Enclosed Stairs
Fire Escape
Security Lighting
Security System

Lot Details

Waterfront:	No

Waterfront:

No

Lot Dimensions:	56X64.5
Zoning Code:	MULTI

Land Amenities

Curbs and Gutters
Security Entrance
Sidewalks

Listing Office: Baird & Warner

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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Baird & Warner are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Neighborhood

Woodridge

Woodridge has become one of Chicago’s best suburbs for raising a family, purchasing a home, finding a job, and going out after work. With a low crime rate and high property values, Woodridge schools remain effective and nurturing through all grade levels. Location is perfect for anyone looking to still commute to Chicago for work and entertainment but want to live in a safe and cozy suburb. Newer homes and subdivisions being developed add variety to the Woodridge homes for sale and condos and apartments making living in Woodridge affordable for those not purchasing a home. Both Metra trains and Pace buses provide public transportation to other nearby suburbs as well as Downtown Chicago Loop. Entertainment in Woodridge includes shopping, bars, pubs, fine dining...

Map

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