8722 Elmore Street
$644,900
7
3
2,795
2,795
$231
Description
Welcome to 8722 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1 bath. These units are perfect for families or individuals seeking ample space and comfort. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple....Welcome to 8722 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1 bath. These units are perfect for families or individuals seeking ample space and comfort. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple. With its own separate entrance, this unit offers privacy and tranquility. A standout feature of this property is the two and a half car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. The two main units are currently leased month to month with below market rents, but could be increased with renewed long term leases. All units have their own HVAC, water heaters and are separately metered for all utilites. Located in Niles, this property benefits from a convenient location with easy access to transportation, dining, shopping, and entertainment options. Take advantage of the nearby parks, recreational facilities, and community amenities that make Niles a desirable place to live. Whether you're an investor looking for a profitable venture or a homeowner interested in owning a multi-unit property, 8722 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio. Showings will begin after the garden unit is painted. Likely 7/18.
- Listed by Justin Greenberg • Berkshire Hathaway HomeServices Chicago
Property Details for 8722 Elmore Street
Area
Niles
TownshipMaine
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces6.0
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
LISTING UPDATED: 08/31/2024 12:06 AM
Property Details for 8722 Elmore Street
Status | Active |
---|---|
MLS # | 12107983 |
Days on Market | 77 |
Taxes | $14,176 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1960 |
Lot Size | 0.14 AC / 6,098 SF |
County | Cook County |
Building Information for 8722 Elmore Street
Stories-Residences3Year Built1960Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 8722 Elmore Street
Property History for 8722 Elmore Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8722 Elmore Street
Taxable ValueLand$6,864Additions$55,136Total$62,000
Tax Record2022$14,176 ($1,181 / month)
Home Facts
Baths3Total Finished SqFt4,341 SqFtAbove Grade Finished SqFt4,341 SqFtStories2Lot Size6,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyCOOKAPN09-24-100-010
Schools near 8722 Elmore Street
This home is within East Maine School District 63.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Private - | 9 to 12 |
Rating | School | Distance |
---|---|---|
V H Nelson Elementary School PublicK to 5 | ||
Maine East High School Public9 to 12 | ||
Ralph J Frost Academy Public9 to 12 | ||
Notre Dame College Prep Private9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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