Extremely rare opportunity to own a cash flowing investment property in the heart of Glenview. R18 zoning (highest density), prime for future redevelopment on a 75 x 177 lot with current multiple streams of income coming from the main house, carriage house, and rear garage like storage facility on the back of the property with 7 separate units. Perfectly located within steps to the train, grade school, library and shops on Glenview Rd among other attractions. The main house is a 4 bed 2 bath single family that has been recently updated with tons of natural light. New dishwasher and fridge, new hardwood floors, professionally painted. Two stories of living plus basement. Currently rented at $2,800/month. The carriage house towards the back of the property is a 1 bedroom 1 bath, with its own access and parking area that is currently rented for $925 a month. The storage units produce $16,680 annually. New sidewalks and gravel driveway on the exterior of the property. Gross Annual Income of $61,380 and NOI of $44,529. Don't miss this opportunity to acquire one of the best addresses in Glenview at a 6.5 cap rate!
Baird & Warner Jeannie Kurtzhalts Agent Cell: 847.845.5114
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Listing Office: Compass
Listing Office Phone: 773-466-7150
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