10250 Elizabeth St Westchester IL 60154
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Great Investment Opportunity: Income-Generating Ranch-Style Duplex on a Corner Lot in Westchester, IL
Welcome to the 10250 Elizabeth St, Westchester IL! If you're looking for a lucrative investment or the perfect dual-purpose property, this ranch-style duplex is a rare find. Situated on a beautiful corner lot, this property offers incredible versatility and income potential, whether you're an experienced investor or a homeowner looking to generate rental income.
Property Overview
This ranch-style duplex features two spacious units, each thoughtfully designed to provide comfort and convenience. Whether you're housing families or tenants, both units are move-in ready, ensuring immediate rental income opportunities.
Unit Features
- Three Spacious Bedrooms Per Unit
Each unit boasts three large bedrooms, providing ample living space that tenants or families will appreciate. These well-sized bedrooms are perfect for families seeking room to grow or for roommates looking for comfort and privacy. - One Full Bathroom Per Unit
The single full bathroom in each unit is practical and functional, designed to meet the needs of tenants efficiently. - Attached Garages
Each unit comes with its own 1-car attached garage, providing not only secure parking but also additional storage space—always a sought-after amenity for renters. - Crawl Space
The crawl space simplifies property maintenance while also offering extra storage, a practical feature that sets this duplex apart.
Investment Potential
This property is a fantastic opportunity for investors seeking a steady income stream or homeowners looking to offset their mortgage with rental income. Here’s why:
Current Tenancy
Both units are tenant-occupied with month-to-month leases, giving you the flexibility to keep the current tenants in place or make adjustments to suit your long-term investment strategy. The existing arrangement provides instant cash flow, making this a truly turnkey investment opportunity.
As-Is Sale
The property is being sold as-is, allowing you the opportunity to put your personal touch on it. While no immediate repairs are necessary, you have the option to enhance the property for higher rental income or increased resale value.
Dual-Purpose Opportunity
For homeowners, this duplex is an excellent choice if you're looking to live in one unit while renting out the other. This setup not only helps you build equity but also reduces your monthly housing expenses—a win-win scenario!
Prime Location
The duplex’s location on a corner lot adds curb appeal and accessibility, making it even more attractive to potential tenants. A well-maintained exterior and generous lot size ensure a pleasant living experience while giving the owner peace of mind about future rental demand. Located at 10250 Elizabeth St Westchester, IL.
Why This Property?
- Hassle-Free Investment: With tenants already in place, there’s no need to worry about finding renters. Simply step in and start collecting rent.
- Endless Potential: Whether you’re looking to maximize rental income, renovate for added value, or enjoy the dual benefits of living and earning, this property delivers.
- Spacious Layouts: The generous room sizes, attached garages, and ample storage spaces make it easy to market to prospective tenants.
Who Is It For?
This duplex is ideal for:
- Seasoned Investors: Seeking a reliable income stream with minimal effort.
- First-Time Investors: Looking for a manageable property to start their investment journey.
- Owner-Occupants: Wishing to live in one unit while renting the other for supplementary income.
Act Now!
This rare investment opportunity offers a combination of functionality, location, and income potential that you won’t find every day. With its tenant-occupied status, as-is condition, and excellent layout, this duplex is perfect for those looking to start earning right away or for anyone wanting to customize it for even greater returns.
Don’t Miss Out—Properties Like This Don’t Last Long!
Contact Listing Broker Tetyana Palagniuk for showings or any questions at 872-395-9254 or via email at tanya.p@interproperties.co.
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