7318 West 80th Street

Bridgeview, IL 60455

$609,000
Price
8
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this charming 4-flat nestled in a prime location, offering both lucrative rental income and unparalleled convenience. This property boasts a fantastic location with easy access to amenities, transportation, and entertainment options. Each unit is well-maintained, all windows replaced within the last 5 years and also newer driveway. Owner has done amazing job maintaining this building One of the highlights of this property is its exceptional rental income potential. With four units generating...Welcome to this charming 4-flat nestled in a prime location, offering both lucrative rental income and unparalleled convenience. This property boasts a fantastic location with easy access to amenities, transportation, and entertainment options. Each unit is well-maintained, all windows replaced within the last 5 years and also newer driveway. Owner has done amazing job maintaining this building One of the highlights of this property is its exceptional rental income potential. With four units generating steady cash flow, this investment promises a lucrative return. Whether you're an experienced investor or a first-time landlord, this property offers a solid opportunity. Beyond its financial appeal, this 4-flat also offers the allure of their surroundings. Step outside, and you'll find yourself in the heart of a vibrant community, teeming with restaurants, cafes, shops, and entertainment venues residents can enjoy. Heat included in rent, Coin laundry on site, extra storage for occupants. Ample parking 9 spaces, it's sure to attract discerning tenants looking for both comfort and convenience. Multiple offers received, highest and best by Monday May 6th noon.
  1. Listed by Lucy Masso-Garcia • REDCO, Inc.

Property Details for 7318 West 80th Street

Area
Bridgeview
Township
Lyons
Ownership
Fee Simple
Num Of Parking Spaces
9.0
Heat/Fuel
Natural Gas, Heat Pump
Architectural Style
Other
Zoning
MULTI

Location

Listing Courtesy of REDCO, Inc.
Add your commute
LISTING UPDATED: 05/14/2024 01:50 PM

Property Details for 7318 West 80th Street

StatusContingent
MLS #12043735
Days on Market14
Taxes$13,650 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1973
Lot Size0.18 AC / 7,840 SF
CountyCook County

Location

Listing Courtesy of REDCO, Inc.
Add your commute

Building Information for 7318 West 80th Street

Stories-Residences4Year Built1973Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$4,461 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,324

Property Taxes

$1,138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7318 West 80th Street

General Information
School Information
  • Elementary School District: 109
  • High School District: 217
  • Middle Or Junior School District: 109
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Open Parking Spaces: 9.0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs
  • Basement Type: None
  • Bedrooms Possible: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Room Type: Utility Room-1st Floor
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: TV-Cable, TV-Dish, TV Antenna, Ceiling Fan(s), Sump Pump
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 92X87
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 8700
  • East Coordinate: 0
  • West Coordinate: 7318
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2024-05-01T22:29:13
  • Photos Count: 21
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $52,200.00
  • Insurance Expense: $3,000.00
  • Other Addl Income: Coin Laundry
  • Net Operating Income: $36,450.00
  • Trash Expense: $825.00
  • Water Sewer Expense: $4,200.00
Unit 1
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: M/M
Unit 3
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 10/24
Unit 4
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 12/31

Property History for 7318 West 80th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7318 West 80th Street

Taxable ValueLand$3,204Additions$30,942Total$34,146
Tax Record2022$13,650 ($1,138 / month)
Home Facts
Baths4Total Finished SqFt3,465 SqFtAbove Grade Finished SqFt3,465 SqFtStories2Lot Size8,010 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN18-36-219-030

Schools near 7318 West 80th Street

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Bridgeview Elementary School
PublicK to 6

Geo T Wilkins Jr High School
Public7 to 8

Argo Community High School
Public9 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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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 REDCO, Inc.

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. Based on information submitted to the MLS GRID as of 05/14/2024 01:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.