4401 N Newcastle Ave, Harwood Heights, IL, 60706

Property Details: • Type: Multi-Family • Bedrooms: 11 • Bathrooms: 9 • Square Feet: 5624 • Lot/Size: 7,719 sqft lot

Description: This is a rarely available, all brick, 9-unit corner building in a prime Harwood Heights location! There are seven (7) one-bedroom, one-bathroom units and two (2) two-bedroom, two-bathroom units. All tenants are on a month-to-month basis and all tenants have resided in their respective units for many years. The rents are low. The market can easily absorb higher rents. Presently, this building generates $99,900 in gross rental income. Going forward, this building can easily generate $170,400 in gross rental income based on the following market rents: three (3) garden units at $1,400 per month, four (4) one-bedroom units at $1,600 per unit and two (2) two-bedroom units at $1,800 per unit. Ev