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9118 Lincoln Avenue,  Brookfield IL, 60513

(Active)
$575,000
|
5 beds, 2 baths
|
MLS# 11993916
Last Updated: 5/10/2024 4:13 AM
Description for 9118 Lincoln Avenue Brookfield, IL 60513
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.
Price
$575,000
Cook
5
2
11993916
Active
Description
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.
Listing Information
Property Type: Multi-Family, Other
5 2
13 0.07 Acres 1926
Brick
Proviso//
Public Sewer
Neighborhood
School Information
District: Riverside Brookfield Twp Senior
Brook Park Elementary School S E Gross Middle School Riverside Brookfield Twp Senior
Room Information
Interior Features
Gas Heat, Forced Air
Partially Finished, Full
Exterior / Lot Features
2 Parking Spaces, Assigned, Off Street, Driveway
Brick
Porch
50 X 74 X 54 X 53
Balcony, Irregular Lot
Driving Directions
Property located East of Maple and West of Grand on Lincoln Avenue. Property is South of 8 Corners in Brookfield , one block East of SE Gross Middle School on Lincoln Avenue.
Financial Considerations
15344070240000
$10,795
Listing Price History

Brookfield Real Estate

Brookfield is located in Illinois. Brookfield, Illinois 60513 has a population of 18,481.

The median household income in Brookfield, Illinois 60513 is $87,271. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Brookfield 60513 is 38 years.

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Courtesy: RE/MAX Properties
Listings courtesy of MRED as distributed by MLS GRID

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