5 Bedroom Home For Sale in Worth, IL

5 / 3, Single-Family Home in Worth, IL

As you probably already know, the village of Worth is a gem of a southwest suburb. An ideal location to live and to own income property, Worth is located in southwest Cook County about a forty five minute drive from the Chicago Loop. Worth, and the land in which the village occupies, has always been historically significant. The Village of Worth is surrounded by historic waterways. Its north border touches a 14 thousand year-old water way known today as Stony Creek. Worth`s south border is the Calumet-Sag Channel which was completed in 1922 and is an intricate part of the Illinois Waterway. Worth is a community that respects its past and looks forward with confidence to the future. The preceding sentences are borrowed from the village website, which is also host to a plethora of information for residents and property owners. You will find it to be very resourceful. This property at 7129 West 114th Place is unique because it is a 2 unit building and gives you a very affordable way to begin building your empire of wealth immediately. Fully occupied by tenants, you can start off making a guaranteed income stream from the beginning. The current leases run until approximately September of 2007, and the tenants pay all utilities on their own. The market value of these units is worth well over $20000 per year in gross rents receivable. This makes for an optimal net project value, making this an easy decision to buy.The upstairs unit features two bedrooms and one bathroom with approximately 774 square feet of living space. The kitchen and living room are spacious, and all appliances will stay with the building. There are elegant hardwood floors throughout, making for an attractive rental unit and allowing you to charge a premium for rent. It also means that you do not have to replace carpet every few years. The upstairs unit also has a nice rear porch through the door to the kitchen which overlooks the back of the property on this corner lot. The downstairs unit is unique in that it also makes use of the attached basement. The unit itself has two bedrooms and one bathroom, but the basement brings another bedroom and bathroom into the equation. The square footage of this lower level unit is 988 feet. The basement adds another 774 feet as well. This makes for an extremely spacious place. The lower level unit also features hardwood floors underneath the warm carpeting, and an equally impressive kitchen and living room layout. The rear deck off the kitchen faces the 6 year old garage in the back yard. It is a full 2 and a half car garage recently constructed, and allows you to give parking spaces with the units. The coin operated laundry room in the building also increases your monthly income. All of these wonderful amenities, coupled with this premium location, make it effortless to find and keep tenants in your building. You may even choose to live in one and rent the other, with most of your monthly expenses paid by your tenants. Whatever your decision is, you need to make it very soon because this is not a building that will last long on the market. There are virtually no other two unit buildings available in Worth. Call today! Take the virtual tour at www.buyowner.com and enter C H I 13131.