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Listing 6 out of 211
$650,000 For Sale

316 Westmore Meyers Road
Lombard, IL 60148

8 units | Multi Family Home - MLS# 10168285
Property Photo
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Description

Check out this solid, well maintained 8 unit mixed use apartment building in the desirable suburb of Lombard. This turn key investment gives the new owner the chance to take over a stable, fully occupied building. The building features one 2 bed/1 bath apartment, three 1 bed/1 bath apartments, one studio and three retail spaces. Each apartment has a dedicated off street space, and there is on-site laundry as well. Check this property out today, because it won't last long!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Du Page County
  • Zip Code: 60148
  • Year Built: 1927
  • Units: 8 units
  • # of Parking Spaces: 8
  • # Of Bdrms - Unit 1: 2
  • # Of Bdrms - Unit 2: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # Of Rooms - Unit 1: 5 Rooms
  • # Of Rooms - Unit 2: 4 Rooms
  • # Of Rooms - Unit 3: 3 Rooms
  • # Of Stories: 2
  • # Of Units - Apt. Type 1: 1
  • # Of Units - Apt. Type 2: 3
  • # Of Units - Apt. Type 3: 1
  • Air Conditioning: Window Unit/S
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick
  • Electricity Expense: $868
  • Fuel Expense: $1,480
  • Gross Rent Multiplier: 7
  • Heat/Ventilation: Gas, Hot Water
  • Insurance Expense: $3,272
  • Janitor Expense: $2,400
  • Lot Dimensions: 7500
  • Lot Sq Ft: 7500
  • Monthly Income - 1: $1,120
  • Monthly Income - 2: $875
  • Monthly Income - 3: $795
  • Monthly Income Max - 1: $1,120
  • Monthly Income Max - 2: $915
  • Monthly Income Max - 3: $795
  • Other Expenses: $314
  • Repairs-Decor Expense: $2,400
  • Tax Year: 2017
  • Taxes: $12,290
  • Tenant Pays: Electric, Varies By Tenant
  • Total Annual Exp: 44263
  • Total Annual Income: $92,333
  • Total Monthly Income: $7,694
  • Township: York
  • Type Multi-Family: Corridor-Interior Entrance
  • Water Expense: $2,406
Courtesy of Second City Real Estate

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