7061 170TH Street W
Tinley Park, IL 60477

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Description

Prime investment opportunity. Well-maintained 6-unit brick building with proven strong rental history and immediate income. This 6-flat features three spacious two bedroom units and 3 one bedroom units. This property has been consistently maintained and thoughtfully updated over time. Reliable rent roll with strong historical occupancy and steady cash flow. Don't miss this turn-key asset.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60477
• Year Built: 1970
• Stories: 3
• Units: 6 units
• Basement: Crawl Space
• Zoning: MULTI
• # Of Dryers: 1
• # Of Ranges: 6
• # Of Refrigs: 6
• # Of Washers: 1
• # Of Window/Ac: 6
• Approximate Age: 36-50 Years
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Window Unit(s)
• Directions: HARLEM TO 170TH ST. E TO BUILDING
• Electric: Circuit Breakers
• Electric Expense: 250
• Electric Expense Source: Actual
• Expense Year: 2025
• Fuel Expense: 2500
• Fuel Expense Source: Actual
• Gross Income: 75060
• Heat/Ventilation: Hot Water
• Insurance Expense: 3900
• Insurance Expense Source: Actual
• Main Type: Commercial Sale
• Maintenance Expense: 1538
• Operating Expense: 35000
• Ownership Type: Individual
• Repairs-Decor Expense Source: Actual
• Roof: Composition
• Roof Structure: Mansard
• Tax Annual Amount: 21672
• Tax Year: 2024
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 6255
• Township: Bremen
• Trash Expense: 1200
• Trash Expense Source: Actual
• Type Multi-Family: Corridor-Exterior Entrance
• Water Expense Source: Actual
• Water Sewer Expense: 4000
• Water Source: Municipal Water