16916 Magnolia Drive, Hazel Crest, IL 60429

$236,000 Asking Price

4 beds
2 baths
1,264  sqft
Built in 1970

All HVACs are annually serviced. The current tenancy is under a yearly lease, which expires on November 13th, 2024. A completely renovated single-family residential property is for sale as a part of a portfolio containing 16 properties. It is the perfect opportunity for an investor looking for a highly profitable investment in single-family residential real estate units. The portfolio will be sold preferably as a whole package. However, we are open to separating the portfolio into smaller pieces or selling the properties individually. This beautiful spacious house is in a lush, modern, and quiet neighborhood. This property has 4 spacious bedrooms and 2 bathrooms for large families. Completely renovated in 2023, it has a laundry room, ample and cozy living room, family room, beautiful kitchen, and a spacious backyard with a deck. Shopping centers and restaurants on Torrence Avenue are in the nearby vicinity. Easy access to transportation via Pace Bus Service and Metra rail. Reach out to the seller to request a showing before heading to the property without notice. Some light and minor remodeling and updates might be required. The pictures are for reference on how the property could look after the minor remodeling.


Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
Full
A/C:
Central Air
Heating:
Other
Fireplace:
Fireplaces: 1
Disability Feature:
None

Exterior

General:
Brick,Other, Deck
Parking:
Garage, Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
152.5
County:
Cook

Lot

Zoning:
28261240180000

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple

This listing courtesy of:
Beycome brokerage realty LLC, Misael Chacon

About Hazel Crest, IL

Housing

Number of Units
5,888
Median Home Value
$127,441
Median Rent
$1,216

39.14% of housing units are renter occupied.

9.66% are vacant.

Commute

Car
66.10%
Public Transportation
8.58%
Walk to Work
1.09%
Work from Home
23.71%
Other
0.49%

The median travel time to work is 28 minutes.

People

Population
14,908
Median Age
37.30
Median Household Size
2.80

Education

High School
28.70%
Associate’s Degree
7.83%
Bachelor’s Degree
16.98%
Graduate Degree
11.13%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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