4 Unit Apartment in Manteno IL

1020 Beauchamp Ave. Manteno, IL 60950

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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$348,000
Last Verified:
Mar 02, 2017


Division to Maple to Water Tower North. Turn left and go to Beauchamp and turn right.
4 unit apartment building fully rented with 1 car detached garages
Great location in Manteno near schools
Coin op laundry on site for additional income
Tenant pay all utilities
Great investment property
Exterior balcony
Appliances: stove, refrigerator, dishwasher, disposal, central air conditioner
Equipment: TV - cable, sump pump, ceiling fan, fan - attic exhaust
Year Built: 1995
Building Size: 2233.0sq ft
Lot Size: 0.29 acres

Map of 1020 Beauchamp Ave., Manteno, IL, 60950

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.