Considering investing in a Multi-Unit Brick property with the goal of generating Passive Income through rentals, and you're specifically interested in a Location that is close to Great Schools, has convenient access to transportation (such as Metra trains and buses), Highways (I290, I294, I55, I88), Restaurants (Nearby Secondary Business District), and Shopping Areas. Here are some key factors to consider: 1. **Location:** Proximity to schools, public transportation, and amenities can significantly increase the attractiveness of your property to potential renters. Research areas that offer a balance of these features. 2. **Property Type:** Brick multi-unit buildings can be a worthwhile investment due to their durability and lower maintenance needs compared to other types of construction. 3. **Rental Market Analysis:** Higher local rental prices and occupancy rates. Gas Forced Heat/2 Furnaces (2014), Water Heater (2014), A/C Condenser (2014), Great Passive Rental Income Potential or OWNER INVESTOR) ! A+ Prime Location, Less than 1/2 Mile from Grand Avenue & Prairie Avenue Restaurant/Bar/Metra Train Station, 1/2 Mile from Kiwanis Park having Baseball Field, Softball Fields, Basketball Courts, Playground and Amphitheater.
Based on information submitted to the MLS GRID as of 05/01/2024 02:53 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
