The median home value in Rosemont, IL is $344,950.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Rosemont, IL is $344,950.
Approximately 32% of Rosemont homes are owned,
compared to 59% rented, while
9% are vacant.
Rosemont real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Rosemont real estate agent to arrange a tour today!
Learn more about Rosemont.
Nestled in the heart of the coveted Rosemont neighborhood, this property presents a rare opportunity to own a six-unit brick flat, with full occupancy and a steady stream of rental income. Despite its prime location, rental rates are low, offering the potential for significant upside in income generation. Moreover, with tenants responsible for their own heat expenses, operational costs are minimized, maximizing profitability. Convenience is key with an on-site laundry room, providing added value and convenience for tenants. Additionally, the presence of six dedicated parking spaces ensures hassle-free parking for residents. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking to capitalize on the thriving rental market, this offering is not to be missed.
Exceptional investment opportunity: This 6-unit property is in impeccable condition in both the interior and exterior. The building has been in the hands and management of the original owner and has been maintained extremely well for over 50 years. This is a stable investment, with loyal tenants, some with over 15+ years in the building. Rents are below market and have significant upside. Some of the major improvements done over the years include new asphalt paving in 2023, new roof in 2010, new attic insulation in 2020, new hot water heater in 2018, hallway and inside staircase remodel in 2021, which includes new carpet, new paint and decorative wall paneling. Additionally, the current owner has been heavily involved in the city's crime prevention measures and has gone above and beyond to ensure tenant and building safety. This includes the installation of an intercom system and double bolt locking system on exterior doors. This is truly a rare opportunity to own a stable investment in one of the most desired Chicago land area suburbs. Inquire for more information on rent roll, financials and to schedule a tour with 48-72-hour notice.
© 2024 J.W. Reedy Realty. All Rights Reserved.
Website by Constellation1, a division of Constellation Web Solutions