Scott Fletcher

Summit IL for Rent

HUGE and BRIGHT 4 bedroom, 2 Bath with very large yard and GARAGE (1 spot + another avail. for rent) . On a quiet street near major highways. Large Park 1 block away. Coin W&D in basement. ALL viewing individuals must complete a preapplication (given upon request) prior to viewing the property. Agent owned interest. APPLICANTS OVER 18 & OVER NEED TO PAY $50 FOR APPL, CHECK CREDIT AND EVICTION RECORDS. MIN CREDIT 620. Household gross income must be at least 3x rent amount. HEAT & WATER IS INCLUDED. Extra garage space available for $100. Pet deposit TBD.

Summit IL Residential Income for Sale

Meticulously maintained brick & frame 3-unit building in a quiet neighborhood in Summit, Illinois! Excellent investment opportunity with strong cash flow potential or perfect for owner-occupants. Currently generating $4,031/month (potential of ~ $5,000/mo. due to current below market rents). Current GRM of 8.65.This spacious ~3,300 sq ft multifamily property sits on an oversized 45x125 lot with side yard. The property features a bottom floor having a large 4 bed / 2 bath owner's unit, upstairs units are a 2 bed / 1 bath unit and a 1 bed / 1 bath unit. Recent updates include: Unit 2F fully remodeled (2022), Unit 1 updated (~2017), Unit 2R features new quartz countertop & ducted range hood. Separate circuit breaker panels and gas meters for each unit. One furnace serves the building. Additional highlights include a detached 4-car garage with artist studio (rented out for storage), full basement with Coin Washer & Dryer, and strong rental appeal. Conveniently located near major highways, with a large community park at the end of the block, offering both accessibility and neighborhood charm. PROOF OF FUNDS REQUIRED PRIOR TO SHOWINGS. Broker Owned Interest.