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

6 beds
$630,000
$630,000
533 Skokie, Highland Park, IL 60035 SOLD
6 beds
$630,000
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Selling Price: $630,000
Original List Price: $669,500
Sold at 94.1% of list price
Sold Date: 10/04/2024

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

City Highland Park
County Lake
School District 113

MLS 12126880
Status Closed
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

Price History of 533 Skokie, Highland Park, IL

Date Name Price Difference
08/16/2024 Price Adjustment $630,000 5.90%
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.
Photo of Erin Cotter
Direct: 773-879-1060
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Berg Properties, Scott Berg
Sold by NON MEMBER, Exclusive Agency
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1%
6.75%
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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