310 S Douglas St

Elwood IL 60421

0.42 ac.

Multi-Family

Last sold for $255,000

Jeff Kudukis, last sold this property on 19 October 2018 after 58 days on market.

Overview

Excellent 4 unit investment that requires low maintenance in a great town. Close to I-80 and I-55. Block construction and long term tenants pay all expenses. Owner only pays property taxes and insurance. Tenants even shovel the snow! Tremendous potential to increase rents as they are low now. Opportunity to expand south 2 bedroom unit to a 3 bedroom as there is a storage room on the other side of the wall that current owner uses for himself. New roof 4 years ago. Recent furnaces in each unit. Each unit is individually metered for electric, gas, and water. Washer/dryer hookups in each unit.

Features

7 bedrooms

5 carspaces

0.42 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Elwood over the last 12 months.

Property history for 310 S Douglas St

2018

Sold

$255,000

19 Oct 2018 by Jeff Kudukis, of Re/Max Pace Realty

Happy sellers in Elwood

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