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6852-6854 111Th Pl Worth, IL 60482

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For Sale
$1,410,000

10-Unit Apartment Building, High ROI

Property Features for 6852-6854 111Th Pl

General Information

Property type
Other commercial real estate

Building Details

Year Built
1968

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Listing Contact
Kamil Nowakowski
Kamil Nowakowski

Listing Agency: United Real Estate Elite Listing Agent: Kamil Nowakowski

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 10-unit apartment building in Worth, Illinois presents a compelling investment opportunity. Originally a 12-unit property, it has been thoughtfully renovated and reconfigured into a highly efficient 10-unit complex. Two units have been strategically expanded and duplexed into the lower level, maximizing space and rental potential. Currently fully occupied with reliable tenants and boasting no pending evictions, this turnkey property offers immediate and consistent income generation. The building features independently metered units, each equipped with in-unit washer/dryer and central heating. Tenant responsibility includes all utilities except water and garbage, which are covered by the landlord. This property boasts a strong 8% cap rate, with the potential to reach 9% or more through market rent adjustments. Detailed financial statements, including profit and loss information, are available upon request, providing a transparent view of the building's financial performance. This is a rare opportunity to acquire a stable, high-yielding multi-family investment in a desirable location. The property is priced at $1,410,000. Don't miss this chance to secure a significant return on your investment.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

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Location Insight

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  • Local Demand
City
Worth
County
Cook
State
Illinois
Longitude
-87.79128
Latitude
41.68945

FAQs

What type of property is this?
Commercial real estate - 10-Unit Apartment Building, High ROI
Where is this commercial real estate located?
The property is located at 6852-6854 111Th Pl Worth, IL.
What is the asking price?
The asking price for this property is $1,410,000.
More about this property
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