Description
Union Street Condominiums (7 units) provides an investor an excellent opportunity to acquire and control the overall management through the Condo Association. The current rents and operational efficiencies provide an above average rent on investment and a good cash flow. Capital Improvements completed include the boiler in 2016, water heater in 2012, roof repairs/maintenance in 2019, Parking lot seal coating in 2018, Balcony painting in 2018, new sidewalk at the west side of building in 2017, windows, kitchens and bathrooms have been updated. Good property for de-conversion which will likely lower overall property taxes. Current rents in the building are trending up. 7 units in downtown Blue Island. Great cash flow. Updated workforce units
