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1407 E Roosevelt Road
1407 E Roosevelt Road
SEE ALL PHOTOS
1407 E Roosevelt Road
1407 E Roosevelt Road
Sold

1407 E Roosevelt Road

1407 E Roosevelt Road, Wheaton, IL 60187

$651,000
Introducing a Fantastic Investment Opportunity for a 1031, long term hold or Owner occupant, all in a Charming Neighborhood. This property practically guarantees immediate tenant occupancy. This four-unit building showcases generously proportioned apartments. One of these units comprises 1 bedroom and 1 bathroom, while the remaining three units each offer 2 bedrooms and 1 bathroom. Notably, two of the two-bedroom units have recently undergone extensive kitchen and bathroom renovations. All 4 units are leased. This property boasts a prime location, providing convenient access to shopping, downtown Wheaton, the Metra commuter train, a bus stop conveniently located right in front, and proximity to Wheaton College. Maintenance is a breeze, thanks to the solid all-brick construction, updated windows, and doors throughout. Each unit is equipped with gas cooking facilities and features balconies for the top two apartments. Electric meters are individually metered for each unit, and there is a shared laundry facility for added convenience. Tenants are responsible for their own electric expenses, and ample parking is available. While the building is in excellent condition, it is being offered for sale AS-IS, ensuring a hassle-free transaction.

7
beds

4
baths

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms4

Area & Lot

  • Status Sold
  • MLS® ID11895101
  • TypeMulti-Family
  • YEAR BUILT1970
  • School District200

Exterior

  • water SourceLake Michigan
  • roofAsphalt
  • parkingUnassigned, Driveway
  • HEAT TYPENatural Gas
  • sewerPublic Sewer
  • other exterior FeaturesBalcony

Financial

  • Sales Price$651,000
  • Real Estate Tax $7,767/yr

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