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  • $524,000

    1636 S Mannheim Rd, Westchester, IL 60154

    8beds
    --sqft
    Multi Family
    Built in 1969
    -- sqft lot
    $584,000 Zestimate®
    $--/sqft
    $2,543 Estimated rent

    Home value

    $584,000

    $555,000 - $613,000

    $2,543/mo

    Zestimate® history
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    $2,543/mo

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    $3,637/mo

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    $3,637/mo

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    What's special

    Welcome to a prime investment opportunity in Westchester, IL! This charming 3-unit brick building boasts a full finished basement and six dedicated parking spaces at the rear, providing convenience for residents. The sizable units are a standout feature of this property. The first and second-floor residences each offer three bedrooms and 1.5 baths, and they are currently leased, ensuring a steady income stream. These units have recently undergone updates, including hardwood floors, new window air conditioners, spacious kitchens, and dining areas, enhancing the overall appeal. The garden unit, recently renovated with a new kitchen and appliances, presents an attractive and modern space for potential tenants. Currently vacant, this unit is ready for a new owner to either rent it out for additional income or move in and enjoy living rent-free. Residents will appreciate the comfort and style of these well-maintained living spaces. Location is key, and this property is strategically situated near the library, schools, expressways, and the Oak Brook shopping center. It's an ideal location for tenants seeking both convenience and accessibility. Investors will find this property particularly attractive, considering the current lease agreements and the potential for increased income. Take note of the coin laundry facility located in a separate section of the basement, providing an additional income stream for savvy investors. Recent updates, such as a new wooden fence and a new GFA furnace in the basement, 2nd floor unit was updated with refinished hardwood floors in all the rooms, and tiled flooring in the kitchen that contribute to the property's overall appeal and value. Don't miss out on this fantastic investment opportunity. Schedule your appointment today to explore the potential of this Legal 3-unit rental building in Westchester, IL. The City of Westchester compliance certificate can be found in "Additional information", there are no repairs required by the City.

    Zillow last checked: 7 hours ago

    Listing updated: February 12, 2024 at 12:58pm

    Listing courtesy of:

    Juan F Garcia 773-860-5551,

    HomeSmart Realty Group

    Bought with:

    Alonso Chavez

    Re/Max In The Village

    Source: MRED as distributed by MLS GRID,MLS#: 11951395MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Forced Air, Steam, Sep Heating Systems - 2+
    Features
    • Basement: Finished,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 6
    • Parking features: Unassigned, Off Alley, On Site, Owned
    Lot
    • Size: 2,613 sqft
    • Dimensions: 49X106
    Details
    • Additional parcels included: 15204080360000
    • Parcel number: 15204080350000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Westchester

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/12/2024Sold$524,000+0.8%
    Source: MRED as distributed by MLS GRID #11951395 Report a problem
    12/30/2023Contingent$520,000
    Source: MRED as distributed by MLS GRID #11951395 Report a problem
    12/26/2023Listed for sale$520,000+20.9%
    Source: MRED as distributed by MLS GRID #11951395 Report a problem
    11/23/2022Sold$430,000-2.3%
    Source: MRED as distributed by MLS GRID #11459943 Report a problem
    11/4/2022Pending sale$440,000
    Source: MRED as distributed by MLS GRID #11459943 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$5,249 +15.2%$19,999 +33.9%
    2022$4,555 +3.3%$14,931
    2021$4,409 +2.4%$14,931

    Find assessor info on the county website

    Neighborhood: 60154

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Westchester Primary School
    • Middle: Westchester Intermediate School
    • High: Proviso West High School
    • District: 92.5

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $584,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $584,000