7345 Archer Avenue

    Summit, IL 60501
    • $315,000
    • STATUS: Closed
    • ON SITE: 284 days
    • MLS #: 09794658
    Sold - 06/15/2018
    $315,000
    SOLD - 06/15/2018
    • 8
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    Solid brick legal 3-flat with 2-car brick garage. Property in excellent condition. Large apartments and bedrooms with hardwood floors. Spacious, modern kitchens with huge dinettes. New windows in November 2017 (except living rooms). New roof in October 2017. Enclosed porches, additional storage in shed. Garden level with coin-op laundry. Circuit breakers, 3 central air conditioners, 3 hot water heaters and separate water meters, coin-op washer and dryer. Tenant pays all utilities. Huge monthly income and easy to rent; Lots of upside rent potential - similar 3-bedroom units nearby rent for $1100 - $1200. Expenses: Scavenger: $73/mo Insurance: $78/mo Taxes: $461/mo Serious buyers only. SOLD AS-IS.

    Sold by Keller Williams Infinity.

    Monthly Payment Calculator



    © 2018 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 the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-08-18T22:52:52.557.

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    www.bazrealtynetwork.com/homes/78530557

    7345 Archer Avenue Summit, IL 60501

    • Price: $319,900
    • Status: Closed
    • Updated: 40 min ago
    • MLS #: 09794658
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1955
    Built
    Neighborhood:
    Summit
    County:
    Cook
    Area:
    Summit
    Property Description
    Solid brick legal 3-flat with 2-car brick garage. Property in excellent condition. Large apartments and bedrooms with hardwood floors. Spacious, modern kitchens with huge dinettes. New windows in November 2017 (except living rooms). New roof in October 2017. Enclosed porches, additional storage in shed. Garden level with coin-op laundry. Circuit breakers, 3 central air conditioners, 3 hot water heaters and separate water meters, coin-op washer and dryer. Tenant pays all utilities. Huge monthly income and easy to rent; Lots of upside rent potential - similar 3-bedroom units nearby rent for $1100 - $1200. Expenses: Scavenger: $73/mo Insurance: $78/mo Taxes: $461/mo Serious buyers only. SOLD AS-IS.
    Exterior Features

    Cars 2 Exterior Building Type Brick Floor Unit1 1 Floor Unit2 2 Floor Unit3 3 Foundation Concrete Garage On Site Yes Garage Ownership Owned Garage Spaces 2 Garage Type Detached Lot Dimensions 30 X 125 Lot Size .25-.49 Acre Parking Garage Parking Included In Price Yes Roof Type Asphalt/Glass (Shingles) Type Multi 3 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorCentral Air ConditionerGarage/Space Appliances Features Unit2 StoveRefrigeratorCentral Air ConditionerHardwood Floors Appliances Features Unit3 StoveRefrigeratorCentral Air ConditionerHardwood Floors Basement Full Basement Description Finished Bedrooms Above Grade 8 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 3 Equipment Co DetectorsCeiling Fan 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 GasForced AirIndv Controls Rooms 16 Rooms Unit1 4 Rooms Unit2 6 Rooms Unit3 6

    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 Corporate Limits Summit Elementary Sch Dist 104 Finance Code Fha General Information School Bus ServiceCommuter Bus Gross Expenses 2860 Gross Rental Income 30720 High Sch Dist 217 Holds Earnest Money No Jr High Middle Dist 104 Lease Exp Date Mo Yr Unit1 0 Lease Exp Date Mo Yr Unit2 0 Lease Exp Date Mo Yr Unit3 0 Net Oper Income 27860 New Construction No Other Addl Income Coin Laundry Ownership Fee Simple Possession Closing Recent Rehab YN No Rent Unit1 750 Rent Unit2 860 Rent Unit3 950 Sale Terms ConventionalFhaCash Only Sec Deposit Unit1 650 Sec Deposit Unit2 825 Sec Deposit Unit3 1450 Sewer Sewer-PublicSewer-Storm Short Sale Not Applicable Special Assessments Unknown Special Service Area N Tax Exemptions Homeowner Tax Year 2016 Taxes 5536.08 Tenant Pays Unit1 None Tenant Pays Unit2 All Tenant Pays Unit3 All Total Rental Income 30720 Total Units In Building 3 Township Lyons Water Lake MichiganPublic Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of R. C. Wessel & Associates, Ltd.


    © 2018 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 the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-08-18T22:52:52.557.

    Digital Millennium Copyright Act
     
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