Residential Income for Sale: 533 Skokie, Highland Park, IL 60035

6 beds
$649,900
$649,900
533 Skokie, Highland Park, IL 60035
6 beds
$649,900
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Price:
$649,900
$19,600 - 08/16/2024

Type Residential Income
Style Tri-Level
Beds 6
Year Built 1950

City Highland Park
County Lake
School District 113

MLS 12126880
Status Active Under Contract
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)

Room Features

Basement Description Exterior Access

Lot & Building Features

Architecture Tri-Level
Heating Forced Air, Sep Heating Systems - 2+, Natural Gas
Parking Description Space/s
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 9762 ft

Community and Schools

Elementary School 113

Price History of 533 Skokie, Highland Park, IL

Date Name Price Difference
08/16/2024 Price Adjustment $649,900 2.93%
12/31/1969 Listing Price $669,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 533 Skokie, Highland Park, IL

Location Map Street View
Photo of William R Biros
Direct: 708-237-7766
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Berg Properties, Colleen Berg
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533 Skokie (MLS #12126880) is a tri-level residential income listing located in Highland Park, IL. This property was listed on 08/01/2024 and has been priced for sale at $649,900.

Nearby zip codes are 60015, 60040, 60045, 60062 and 60081. This property neighbors other cities such as Deerfield, Highwood, Lake Forest, Northbrook and Spring Grove.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: Berg Properties