1131 Florence Avenue

Westmont, IL 60559

$697,500
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover an exceptional investment opportunity with this multi-family 4-flat, each unit featuring 2 bedrooms and 1 bathroom, privately owned without a Homeowner's Association. Plenty of parking with 8 dedicated spaces. Recent upgrades including a newer furnace, hot water boiler, washer, dryer, and hallway carpets guarantee reduced maintenance while freshly painted balconies and maintained landscaping enhance curb appeal and tenant satisfaction. Each unit offers a separate storage room on the second...Discover an exceptional investment opportunity with this multi-family 4-flat, each unit featuring 2 bedrooms and 1 bathroom, privately owned without a Homeowner's Association. Plenty of parking with 8 dedicated spaces. Recent upgrades including a newer furnace, hot water boiler, washer, dryer, and hallway carpets guarantee reduced maintenance while freshly painted balconies and maintained landscaping enhance curb appeal and tenant satisfaction. Each unit offers a separate storage room on the second floor. Some units have newer wall A/C. Crawl space is equipped with sump pumps to prevent water damage. Enjoy the stability of long-term tenants occupying all units. Alarm system is mandatory by the Village of Westmont. Viewing appointments available upon offer acceptance, ensuring exclusivity and privacy for current tenants. No sign at the property. Sold as-is.
  1. Listed by Lionela Radonja • Royal Realty 1 Co

Property Details for 1131 Florence Avenue

Area
Westmont
Township
Downers Grove
Ownership
Fee Simple
Num Of Parking Spaces
8.0
Heat/Fuel
Natural Gas, Hot Water/Steam
Zoning
MULTI

Location

Listing Courtesy of Royal Realty 1 Co
Add your commute
LISTING UPDATED: 04/26/2024 10:43 AM

Property Details for 1131 Florence Avenue

StatusContingent
MLS #12029056
Days on Market11
Taxes$7,772 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1976
Lot Size0.37 AC / 16,117 SF
CountyDuPage County

Location

Listing Courtesy of Royal Realty 1 Co
Add your commute

Building Information for 1131 Florence Avenue

Stories-Residences4Year Built1976Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$4,454 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,807

Property Taxes

$648

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1131 Florence Avenue

General Information
School Information
  • Elementary School District: 58
  • High School District: 99
  • High School: South High School
  • Middle Or Junior School District: 58
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 8.0
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Room Type: Utility Room-1st Floor, Utility Room-2nd Floor
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: Security System, Intercom, Ceiling Fan(s), Sump Pump
Property/Lot Information
  • Exterior Property Features: Balcony, Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 121X135
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: School Bus Service
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 10
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Other Addl Income: Coin Laundry
Unit 1
  • Unit Type Actual Rent: $1,260.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/25
Unit 2
  • Unit Type Actual Rent: $1,160.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25
Unit 3
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/25
Unit 4
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 04/25

Property History for 1131 Florence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1131 Florence Avenue

Taxable ValueLand$73,850Additions$51,350Total$125,200
Tax Record2022$7,772 ($648 / month)
Home Facts
Total Finished SqFt4,960 SqFtAbove Grade Finished SqFt4,960 SqFtLot Size16,117 SqFtStyleMulti-Family Res (5+ Units)Year Built1976ZoningACountyDUPAGEAPN09-16-307-006

Schools near 1131 Florence Avenue

This home is within Downers Grove Gsd 58 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
El Sierra Elementary School
PublicPK to 6

O Neill Middle School
Public7 to 8

Downers Grove South High School
Public9 to 12

Good Shepherd Lutheran Academy
PrivatePK to 8

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Royal Realty 1 Co

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.