1508-14 Topp Lane, Glenview, IL 60025
4 Unit Apartment Building | $1,700,000 ($425,000/Unit) | 4.04% Cap Rate | Glenview, IL 60025
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,700,000
- Property Type
-
Multifamily
- Square Feet
- 7,668 SF
Listing Contacts
Elizabeth Pyle
Verified Profile
- Property Info
Property Overview
4 Unit Townhouse Complex in Stellar, Glenview Location just off of Waukegan Rd and Lake Ave! Developed by a local woman in the 1970's, the complex has been lovingly maintained and is coming to the market for the first time in its history! Incredible rental location, combined with low maintenance/upkeep and no utility bills for the owner, make this investment a great find! Purchase and rent in current condition for immediate income OR update, increase rents and add value! 4 Separate Pin Numbers allow for future potential to sell separately! These over-sized townhomes are comprised of 4 spacious, well-appointed 3 bed/2.5 bath units with attached 2 car garages and rear patios. Tenants will enjoy the sunlight that streams into the living room through the expansive windows. The living rooms open to the dining rooms and the kitchens have breakfast table space. The 2nd floors are comprised of 3 Bedrooms. The primary suites are spacious with attached bathrooms. The walkout basements add loads of storage space and direct, interior access to the attached 2 car garages. This is an ideal rental location - close to restaurants and shopping of all kinds. It's also minutes to the train in downtown Glenview, The Glen and Hwy 94. Award winning schools!
Property Details
- Class
- C
- Year Built
- 1974
- Stories
- 2
- Lot Size (sq. ft)
- 13,068 SF
- Units
- 4
Highlights
- Low maintenance Town Homes
- No Utilty Bills for Owner
- Close to Waukegan Rd and Lake Ave
- Walking Distance to Trader Joes, Starbucks etc.
- Brick Construction with Attached Garages
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