Well-maintained 6-unit, fully occupied multifamily building in Des Plaines offering strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000/year. All units are tenant-occupied with long-term tenancy ranging from 10-25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property includes parking for all units and has seen major system updates, including a new roof that will be installed by mid May, contributing to overall maintenance and longevity. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. Property is being sold AS-IS.
Baird & Warner Rose Hoffmann Agent Cell: 847.627.0039 Email
Listing Office: HomeSmart Connect
Listing Office Phone: 847-495-5000
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8713 W Ballard Road, Des Plaines, IL 60016.
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8713 W Ballard Road, Des Plaines, IL 60016.
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