Nancy Billups
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
INVESTOR ALERT! Welcome to 1619 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated mechanicals and a clean, functional layout. On-site laundry includes coin-operated washer/dryer for added convenience and income. The property sits on a shared common driveway and has a 2-car garage, offering excellent parking access. For buyers looking to expand their portfolio, the adjacent property at 1617 N 35th Ave is also available, making this a rare package deal opportunity with additional income and development potential. Whether you're looking for steady rental income, future value appreciation, or a package deal in a prime rental market, this investment checks all the boxes. An IL licensed real estate broker has an ownership interest in the LLC that owns the property.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 5
County: Cook
Listed By:
Citypoint Illinois LLC
847-744-5003
MRED MLS
MLS ID: 12666881
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1619 N 35th Avenue , Melrose Park, IL 60160.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $615,000 | $615,000 | $615,000 |
| Down Payment | $123,000 | $21,525 | $153,750 |
| Monthly Mortgage Amount | $2,989 | $3,718 | $3,799 |
| Taxes | $856 | $856 | $856 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $271 | $0 |
| Monthly Estimated Total | $4,024 | $5,024 | $4,834 |
Nancy Billups
REALTOR®
Cell: (563) 333-4172
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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