8221 Enger Lane
8221 Enger Lane
$790,000
11
6
—
—
—
Closed 7/20/22
Description
Come see this oversized six-unit apartment building located in River Grove! The unit mix is comprised of one one-bedroom / one-bathroom unit (approximately 750 square feet) and five two-bedroom / one- bathroom units (approximately 875 and 900 square feet). Select units have been renovated with cherry kitchen cabinets, formica countertops, tile and hardwood flooring, bathroom vanities and shower tiling. In the last eight years, the buildings received various capital improvements including new windows...Come see this oversized six-unit apartment building located in River Grove! The unit mix is comprised of one one-bedroom / one-bathroom unit (approximately 750 square feet) and five two-bedroom / one- bathroom units (approximately 875 and 900 square feet). Select units have been renovated with cherry kitchen cabinets, formica countertops, tile and hardwood flooring, bathroom vanities and shower tiling. In the last eight years, the buildings received various capital improvements including new windows throughout, tear-off roof, exterior doors and a repaved parking lot. Additionally, the property features an owner's work room, on-site laundry facility, bill to coin change machine, six parking spaces, and storage shed. River Grove is a village in Cook County, located approximately 15 miles northwest of the downtown Chicago Loop, with convenient access to Route 171. Public transportation is readily available at the River Grove and Elmwood Park Metra stations, located approximately one mile south of the subject property. Additionally, PACE bus stops are conveniently located along Cumberland Avenue, Belmont Avenue and Grand Avenue. For domestic and international traveling purposes, O'Hare International Airport is approximately six miles northwest of the asset. This opportunity allows for a new investor the ability to acquire an oversized building with various capital improvements located in a desirable River Grove rental neighborhood. A new investor can increase cashflow by bringing rents to market through continual unit renovations, as well as implementing pay-to-park for the six parking spaces.
Listing Agent
Sold By Berkshire Hathaway HomeServices Chicago
Property Details for 8221 Enger Lane
Area
River Grove
TownshipLeyden
Num Of Parking Spaces6.0
ZoningMULTI
Location
LISTING UPDATED: 08/19/2022 03:07 PM
Property Details for 8221 Enger Lane
Status | Closed |
---|---|
MLS # | 11420664 |
Days on Market | 49 |
Taxes | $15,541 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1968 |
Lot Size | 0.15 AC / 6,750 SF |
County | Cook County |
Location
Virtual Tour
Building Information for 8221 Enger Lane
Stories-Residences6Year Built1968Building Size-Lot Size0.15 AC / 6,750 SF
Payment Calculator
$5,606 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8221 Enger Lane
Property History for 8221 Enger Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 8221 Enger Lane
This home is within River Grove School District 85-5.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Private - | 9 to 12 | |||
Private - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
River Grove Elementary School PublicPK to 8 | ||
Guerin Prep High School Private9 to 12 | ||
Guerin College Prep High School Private9 to 12 | ||
St. Francis Borgia School 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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