24
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$2,400,000
Est. payment /mo
15,306 SqFt
Active Under Contract
1010 S 1st AVE Maywood, IL 60153
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UPDATED:
02/15/2025 05:22 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 15,306 sqft
Price per Sqft $156
MLS Listing ID 12282801
Maintenance Fees $12,438
Year Built 1929
Annual Tax Amount $59,000
Tax Year 2023
Lot Size 0.380 Acres
Lot Dimensions 125X132.9
Property Sub-Type Multi Family 5+
Property Description
Presenting 1010 S. 1st Avenue, a high-performing, multi-family asset superbly situated in the heart of Maywood, IL. This fully occupied 20-unit apartment building features a unit mix of (14) spacious 2-bedroom units and (6) well-appointed 1-bedroom units-a setup designed to maximize rental demand. Premium unit features include luxury kitchens with soft-close cabinetry and stainless-steel appliances (refrigerator, stove, microwave, and dishwasher), separate hot water heaters, central air conditioning, central heating and elegant hardwood flooring throughout. (8) of the 2-bedroom units feature in-unit washers and dryers and all other residents have convenient access to two (2) coin-operated laundry facilities in the common areas. There is also assigned off-street parking. The building's stable tenant occupancy ensures longevity and consistent cash flow and its easy access to major highways connects tenants to employment hubs in Chicago and surrounding areas making this turnkey investment ideal for seasoned investors and first-time buyers looking to diversify their real estate portfolio. This is truly a prime multi-family asset that delivers strong rental income, minimal vacancies, and long-term appreciation potential-a rare find in today's competitive market.
Location
State IL
County Cook
Area Maywood
Zoning MULTI
Interior
Cooling Central Individual
Fireplace N
Exterior
Roof Type Reflective Coating
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by Kevin Rocio • @properties Commercial
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