Welcome to 8726 N Elmore, a fantastic investment opportunity in the desirable neighborhood of Niles! This well-maintained 3-flat building offers multiple units, each with its own unique charm and excellent rental potential. The main floor and upstairs units feature spacious layouts, with both offering 3 bedrooms and 1.5 baths. These units are perfect for families or individuals seeking ample space and comfort. The well-appointed kitchens come equipped with modern appliances, plenty of cabinet storage, and space for a dining area. The garden unit is a cozy 1-bedroom, 1-bathroom space, ideal for a single tenant or a couple. With its own separate entrance, this unit offers privacy and tranquility. A standout feature of this property is the two-car garage, providing secure parking and additional storage space. Additionally, there are outdoor parking spaces available for residents and guests. Currently, the main floor has a signed lease to begin 8/1 for $1,950 per month as well as a garden unit lease for $1,100 per month through 7/31/24, offering an immediate return on investment. The remaining unit is freshley painted and ready for occupancy presenting an opportunity to further maximize rental income or an owner occupant. Located in Niles, this property benefits from a convenient location with easy access to transportation, dining, shopping, and entertainment options. Take advantage of the nearby parks, recreational facilities, and community amenities that make Niles a desirable place to live. Whether you're an investor looking for a profitable venture or a homeowner interested in owning a multi-unit property, 8726 N Elmore provides an excellent opportunity. Don't miss out on the chance to add this promising property to your portfolio. Schedule your showing today and explore the potential that this 3-flat building in Niles has to offer!
