Property Overview
Interra Realty has been exclusively engaged to market for sale the multifamily asset located at 824-826 S 17th Avenue in Maywood, Illinois. The subject investment opportunity consists of a thirteen (13) unit apartment building. The property benefits from being one mile south of the Melrose Park Metra train station. Additionally, the building is located across the street from Irving Middle School.
The unit mix consists of eight (8) 1 bed / 1 bath, four (4) 2 bed / 1 bath, and one (1) 3 bed / 1 bath units. Every unit has been renovated with kitchen cabinetry, appliances, bathrooms and refinished hardwood floors. The units are heated via steam boiler and cooled with window A/C units. The building has seen many recent capital improvements consisting of new copper water supply lines, new carpeting in staircases, extensive porch restoration, new wood fencing on south side of property, and mostly new security doors on all apartment rear doors. Coin laundry is offered to residents and the machines are 3 years old. Additionally, the commercial hot water heater is 4 years old.
Highlights
- Attractive Unit Mix and Renovated Units
- One Mile South of Melrose Park Metra
- Walking Distance to Loyola Medical Center
- Well Maintained and Improved Apartment Building
- Many Recent Capital Improvements Completed