6520 W Gunnison St, Harwood Heights, IL 60706
Legal 3-unit building near Ridgemoor Country Club.
- Added:
- Sep 28, 2021
- Days on Market:
- 1743
- Last Refresh:
- May 19 at 10:31 pm
Property Features for 6520 W Gunnison St
General Information
- Standard status
- Active
- Size
- 4,646 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1985
Listing office Fulton Grace Realty (630) 965-6000
Listing date Sep 28, 2021
Source Crexi
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HighLights
- Legal 3‑unit building, ideal for investment or owner‑occupancy.
- Located across the street from Ridgemoor Country Club golf course.
- Fully occupied with long‑term tenants and potential for increased rents.
- Each unit features 3 bedrooms, 1.1 baths, living room, dining area, and eat‑in kitchen.
- All units are separately metered for gas and electric, with individual central heat and air.
- Turnkey investment property built in 1985.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.1k | $25.20 |
| − Vacancy | −$6.4k | −$1.39 |
| EGI | $110.6k | $23.81 |
| − OpEx | −$33.2k | −$7.14 |
| NOI | $77.4k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harwood Heights
- County
- Cook
- State
- Illinois
- Longitude
- -87.7913674
- Latitude
- 41.9685889