A+ Suburb, 9-Unit Multifamily Building

1125 N Boxwood Dr. Mount Prospect IL 60056
  • $1,000,000
  • $111,111
  • / Unit

A+ Suburb, 9-Unit Multifamily Building

1125 N Boxwood Dr. Mount Prospect IL 60056
Yearly Income $106,800
Yearly Expenses $41,975
Current Rents $106,800
Pro Forma Rents $131,904
  • 8
  • Bedrooms
  • 9
  • Bathrooms
  • -
  • Sq Ft
  • 1972
  • Year Built
  • 100%
  • Occupancy
  • 9
  • Parking
  • 3
  • Stories
  • Boiler Heat
  • Heating System
  • Window Units
  • Cooling System
  • Common, Paid
  • Laundry
  • 8
  • Bedrooms
  • 9
  • Bathrooms
  • -
  • Sq Ft
  • 1972
  • Year Built
  • 100%
  • Occupancy
  • 8
  • Parking
  • 3
  • Stories
  • Boiler Heat
  • Heating System
  • Boiler Heat
  • Cooling System
  • Common, Paid
  • Laundry

About the property

Stellar 9-unit brick buildings in the affluent and family-friendly community of Mt. Prospect. The property consists of (2) studios, (6) 1-beds and (1) 2-beds which are all under market rents allowing the investor the opportunity to raise rents and capitalize on forced appreciation. These units are in excellent rental condition and have been meticulously maintained over the years. A coin operated laundry allows for additional revenue and ample parking rounds out this fantastic investment property.

About the neighbourhood

  • Incorporated in 1917, Mt Prospect is affluent community 20 miles northwest of downtown Chicago and just 4 miles north of O’Hare International Airport. It is home to nearly 57,000 residents with major employers Cummins Allison, Rauland-Borg and CVS Caremark propping up the local economy. The downtown area has been recently renovated and the city features over 400 acres of parks and recreational facilities. It is home to multiple award winning school districts and was rated by Business Week in 2009 as “the best place to raise kids”.

Municipality - Investor Guide

No data available Currently.

Property Documents

Rent Roll
Expenses & Utility Table
Sales Comps
Rental Comps
Market Report

Property Financials

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Property Current

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Year 2 Pro Forma

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Debt Service

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Mortgage Calculator

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  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Monthly Property Tax
  • Monthly Property Insurance
  • Monthly HOA Fees
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Utility Table

Location
Responsibility
Meter number
Usage TTM
Rate
Common Areas
L
-
-
-
Units
T
-
-
-
Source
Landlord Estimate
Notes
-
Location
Responsibility
Measured In
Usage TTM
Cost
Common Areas
L
Gallons
-
-
Units
L
Gallons
-
-
Source
Landlord Estimate
Notes
-
Location
Responsibility
Measured In
Usage TTM
Cost Per Unit
Common Areas
L
Therms
-
-
Units
L
Therms
-
-
Source
Landlord Estimate
Notes
-
Location
Responsibility
Container Size
Monthly Rate
Common Areas
L
2 Cubic Yards
-
Units
L
2 Cubic Yards
-
Source
Citypoint Estimate
Notes
-
Total Yearly Utitlity Cost:  $11,487.00

*This Utility Table does not include snow removal or lawn care costs, if any. For more details on snow/lawn expenses, see the "Expenses" attachment located under the "Property Documents" section.

Property Taxes

Currently No Tax data found for this property. Please Check back later.

Walkscore

Nearby

Arts & Entertainment
AMC Randhurst 12 (0.19 mi)
Average 162 reviews
Kals Kreations (0.31 mi)
Fair 1 reviews
Hampton Inn & Suites Chicago/Mt. Prospect (0.33 mi)
Good 46 reviews
Education
Kiddie Academy of Mount Prospect (0.24 mi)
Exceptional 14 reviews
Early Days Preschool (0.65 mi)
Fair 3 reviews
Mount Prospect KinderCare (0.72 mi)
Good 8 reviews
Food
El Amigo Carniceria (0.08 mi)
Good 9 reviews
Buffalo Wild Wings (0.25 mi)
Average 254 reviews
Nakano Foods (0.4 mi)
0 reviews
Health & Medical
Amici Hair & Nails Studio (0.07 mi)
Good 12 reviews
Euclid Smiles (0.07 mi)
Average 2 reviews
Dimple's Beauty Salon (0.1 mi)
Average 33 reviews

Contact Information

Phu Nguyen
  • Phu Nguyen

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