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$455,808*
●
Multifamily -
Off Market
5008 Florence Avenue
Downers Grove, IL 60515
6 Beds
0 Bath
$365,000 - $445,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Location, Location, Location! Attention buyers looking for owner
occupied investment properties, builders and investors. This
profitable 3 unit rental property is located just 2 blocks from the
BNSF train station at Fairview in beautiful Downers Grove. Built as
a 2 flat with a legal 1 bedroom addition, this property has loads
of potential with solid masonry construction and great bones. Upper
level unit is 3 bed, 1 bath, spacious kitchen, hardwood floors
(also under carpet), and dual vanity bath. Lower level is 2 bed 1
bath. Addition is 1 bed/1 bath. All 3 units have heat included in
rent via baseboard heaters/boiler. 2 Car Garage is oversized and
allows lots of storage. 5 parking spots as is but 1 more could be
added. Roof is approx 6 years old, masonry/tuck pointing is in
great shape, all floors are solid and level (no sloping floors!),
no uneven walls or cracks in ceiling. Great neighborhood,
schools, shopping, commuting, easy access to highways. What more do
you need? Keep as a rental or convert to single family home and
keep 1BD as an in-law suite or rental to help pay the mortgage. See
broker private remarks for additional details.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$8,018
HOA Dues
-
Year Built
1957
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Nov 5, 2020 | Sold to Jian Wei Wang | $378,000 | |
Sold to Jian Wei Wang | |||
Sep 13, 2020 | In contract | - | |
In contract | |||
Aug 26, 2020 | Price Decreased |
$405,000
↓ $19K
(4.5%)
|
|
Price Decreased | |||
Nov 24, 2019 | Price Decreased |
$424,000
↓ $15K
(3.4%)
|
|
Price Decreased |
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Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
2
Baths
1,418 ft²
$281/ft²
$399,000
Jun 17, 2023
-
$483/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/03/2019
|
|
6 Bed
|
3 Bath
|
2438 ft²
|
$439,000
6 Bed
3 Bath
2438 ft²
|
-
-
|
-
|
-
|