Highland Park, IL 60035,533 Skokie AVE
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Highland Park, IL 60035,533 Skokie AVE
Highland Park, IL 60035,533 Skokie AVE
Highland Park, IL 60035,533 Skokie AVE
Highland Park, IL 60035,533 Skokie AVE

$630,000

Est. payment /mo

$649,900

3.1%
Est.Price: ?

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533 Skokie AVE Highland Park, IL 60035

6 Beds

SOLD DATE : 10/04/2024

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12126880

Sold Date 10/04/24

Style Tri-Level

Bedrooms 6

Year Built 1950

Annual Tax Amount $11,767

Tax Year 2022

Lot Dimensions 9762

Property Description

Nestled in East Highland Park, minutes from downtown Highland Park and Highwood, this fully remodeled townhome-style duplex presents a compelling investment opportunity. There are two 3 bed/2 bath units (2,800 sq ft total), separately metered, producing $68,100 in rent/year, with a cap rate of ~7.0%. Both units feature remodeled kitchens and bathrooms, new Anderson bedroom windows and refinished hardwood flooring. Each unit has a separate parking lot, with its own carport. The building has a brand-new roof, modern fencing, and an elegant landscape design. The first unit rents for $2,725, lease ending May 31, 2025, while the second rents for $2,950.00 with the same lease end date. Tenants pay all utilities, the owner pays landscaping, water/sewer and snow removal. If you're looking to acquire a mini portfolio, consider buying this along with another 3 units (~7% cap rate) in neighboring Highwood (see MLS#: 12124587)

Location

State IL

County Lake

Area Highland Park

Zoning MULTI

Rooms

Basement Walkout

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Community Features Sidewalks

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 113 , 113, 113

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Scott Berg • Berg Properties
Bought with Exclusive Agency • NON MEMBER

Craig Hogan

+1(773) 742-5929

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