Description
The building has had several major improvements, the flat roof structure removed and new TJI clear span beams installed giving all the units vaulted ceilings some over 16' tall and no flat roof problems, there are 10 indoor parking spots for the residential component, all 8 residential units are 2 bedroom 2 full bath and extremely marketable. It also includes an extra double wide lot contiguous to the East, which will be used for parking and could later be used to build an additional 8 units. This building is roughly 70% residential providing a very favorable real estate tax benefit as multifamily. New 8" water service, new individual electric meters, new windows, new triple trap and floor drains for indoor parking, parking lot to the east has new storm drainage and base layer. It is an excellent rental market, situated in the center of the newly developed central business district, Starbucks, one block from elementary schools and the Metra station. See Additional information for Pro Forma, Plans, Cost to Complete. Projected NOI $273,000
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The building has had several major improvements, the flat roof structure removed and new TJI clear span beams installed giving all the units vaulted ceilings some over 16' tall and no flat roof problems, there are 10 indoor parking spots for the residential component, all 8 residential units are 2 bedroom 2 full bath and extremely marketable. It also includes an extra double wide lot contiguous to the East, which will be used for parking and could later be used to build an additional 8 units. This building is roughly 70% residential providing a very favorable real estate tax benefit as multifamily. New 8" water service, new individual electric meters, new windows, new triple trap and floor drains for indoor parking, parking lot to the east has new storm drainage and base layer. It is an excellent rental market, situated in the center of the newly developed central business district, Starbucks, one block from elementary schools and the Metra station. See Additional information for Pro Forma, Plans, Cost to Complete. Projected NOI $273,000
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