Lisa Lynes
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Well maintained all brick 5 unit building located on a quiet residential street in desirable North Riverside. This solid property features five spacious two bedroom units, each offering functional layouts with eat in kitchens and generous living room areas. The building offers rear and street parking, adding convenience and value for tenants, along with a first floor common laundry room equipped with coin operated washer and dryer, creating an additional income stream. A major capital improvement has already been completed with a new roof in 2025. All appliances are included, and tenants pay their own electric, helping keep operating expenses manageable. The property is fully rented with month to month leases (except for one unit undergoing updates), providing immediate cash flow along with flexibility for future rent adj ustments or repositioning. This is a stable, income producing asset with upside potential, ideal for both seasoned investors and those looking to expand their portfolio in a strong suburban rental market. 24 hours notice for showings.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
RE/MAX 10 in the Park
708-923-0900
MRED MLS
MLS ID: 12554097
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2310 S 17th Avenue, North Riverside, IL 60546.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $750,000 | $750,000 | $750,000 |
| Down Payment | $150,000 | $26,250 | $187,500 |
| Monthly Mortgage Amount | $3,454 | $4,298 | $4,485 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $4,717 | $5,891 | $5,748 |
Lisa Lynes
REALTOR®
Cell: (319) 330-5077
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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