533 Skokie Avenue
Highland Park, Illinois 60035

Closed / MLS #12126880 / Multiple Unit (2-4) / Highland Park
Listing information updated 10/7/2024 at 6:03am
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)

Listing Office: Berg Properties

Listing Office Phone: 888.276.9959

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/7/2024 at 6:03am. 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.

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533 Skokie Avenue is a multiple unit (2-4) which sold for $630,000. 533 Skokie Avenue features 6 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 1st, 2024 and was built in 1950. The nearest transit stops include Highwood Metra Metra Union Pacific North line.