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Address
4831 BELMONT Road Downers Grove, IL
Price
$ 1,499,000
Property Attributes
  • MLS#10474228
  • TypeMulti-Family
  • CountyDU PAGE
  • CityDowners Grove
  • AreaDowners Grove
  • Zip60515
  • StyleCondominium,Residential-Multi-Family
  • Year Built2008
  • Taxes17004
  • Price$ 1,499,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Coldwell Banker Residential RE
Property Description

Amazing turn key investment opportunity. 5 gorgeous townhomes with attached 2 car garages within a block of the Belmont Metra Station's 32 minute express service to Chicago. Units feature hardwood floors throughout first and second levels. Spa-like master baths. In-unit laundry on the second floor. All have full basements as well with the end units finished including an additional full bath. Built in 2007-8 this virtually maintenance-free income property rents easily due to commuter-friendly location and the unique quality of the units for the price point. The vacancy rate in the past 11 years has been non-existent. Several tenants have extended for multiple year tenures. In short, a property manager's dream investment.

Price History
8/5/2019 Listed $1,499,000

General Features

Age 7-15 Years
Built Before 1978 No
Electric Expense 300
Multi-Family Type Flats, Condo/Townhouse
Other Expenses 2720
Ownership Type General Partnership
Status Active
Tax Year 2018
Taxes 17004.2
Total Annual Income 126000
Total Units 5
Year Built 2008
Zoning MULTI

Interior Features

Air Conditioning Central Air, Central Individual
Board Number 10
Disposal(s) 5
Dryer(s) 5
Ranges 5
Refrigerators 5
Total Fireplaces 2
Total Monthly Income 10500
Total Stories 2
Unit Type 1 Rooms 6

Exterior Features

Exterior Building Type Vinyl Siding, Brick
Lot Dimensions 60 X 231
Number of Parking Spaces 15

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60515

Price
AVG $710K
$1.5M
Taxes
AVG $9,057
$17,004
Visits
AVG 21
37
Year Built
AVG 1959
2008
Walkscore
AVG 53
40
Data Provided by Walkscore ® not using MLS data