This is a 4-apartment building on a quiet cul de sac in a good residential neighborhood (The Knolls), located just south of Lincoln Highway (Route 38) and west of Annie Glidden. Close to NIU and I-88. Each apartment has 2 large bedrooms and full bath. Ceramic tile in kitchens and baths. Kitchen has oak cabinets and is furnished with newer refrigerator, stove and dishwasher. Apartments have newer through-wall air conditioning. Each apartment has an assigned one-car garage space in detached 4-car garage and 2 off street assigned parking spaces. There is coin-op washer/dryer on premises. Current residents are quiet working adults, all with leases and security deposits. The apartments are all electric, no gas. Landlord pays water/sewer/trash. Tenants pay electric/cable/internet. No Section 8. Monthly rents of $3500. CAP Rate 7+%. 3% commission to be paid to buyers agent.
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