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1622 N 40th Avenue Stone Park, IL 60165 • Multi Unit - Multiple • (Short Sale) - Active

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Description

Exceptional investment opportunity in this 2-unit apartment building! Fully rented and with no history of vacancies, this income-producing property offers the stability investors are looking for. The building features a spacious 3-bedroom unit and a comfortable 2-bedroom unit, providing strong rental appeal to a wide range of tenants. A 1-car garage adds convenience and value. Purchase today and start collecting residual income immediately with tenants already in place and a proven rental history.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 2
County: Cook
Listed By:
T.K. Realty Inc 630-543-7000
MRED MLS
$319,900
Est. $2,142/mo
5beds
2baths
1cars
(Short Sale) - Active
BEDS5 BATHS2 full MLS#12701140
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 209
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Shown By

Courtnee Tomlinson
 (563) 529-2012

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1622 N 40th Avenue, Stone Park, IL 60165.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $319,900$319,900$319,900
Down Payment $63,980$11,197$79,975
Monthly Mortgage Amount $1,597$1,934$2,008
Taxes $445$445$445
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$141$0
Monthly Estimated Total $2,142$2,620$2,553

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/29/2026. The listing information on this page last changed on 07/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/29/2026 2:05:43 PM EST) or MRED MLS (last updated Wed 07/29/2026 1:56:39 PM EST) or SCWMLS (last updated Wed 07/29/2026 2:03:29 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 07/29/2026 2:04:02 PM EST) or Cedar Rapids MLS (last updated Wed 07/29/2026 1:59:15 PM EST) or NEIRBR MLS (last updated Wed 07/29/2026 1:58:43 PM EST) or ICAAR MLS (last updated Wed 07/29/2026 1:57:58 PM EST) or ECIMLS (last updated Wed 07/29/2026 1:51:42 PM EST) or RMLSA (last updated Wed 07/29/2026 2:00:57 PM EST) or Muscatine MLS (last updated Wed 07/29/2026 2:00:12 PM EST) or No Coast MLS (last updated Wed 07/29/2026 2:04:23 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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