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Last Listed Price
$1,395
Currently unavailable
2bd1ba945sf
Pets AllowedApartment

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Offered for Rent by
Avenueone
Company TypeProperty ManagerOperates InILTotal Units3,055
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Community Name
1523 Norway Ln
Community TypeApartmentTotal Units6Available Units0
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Features

Tell us what things you love at 1523 Norway Ln Apt 1B.

Mid Rise
Mid Rise
Refrigerator
Refrigerator
Range/Cooktop/Oven
Range/Cooktop/Oven
Washer & Dryer On-Site
Washer & Dryer On-Site
Off-Street Parking
Off-Street Parking
Linoleum Floors
Linoleum Floors

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Description

PALATINE rehabbed two bedroom one bathroom apartment. White shaker kitchen cabinets, granite countertops, stainless steel appliances, new hardwood type flooring, updated bathroom, parking included, and laundry ON SITE.

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This property listing presents an excellent opportunity for investors looking for a rental property with great income potential. The property is a professionally landscaped six-unit, all brick rental investment property located in the desirable SILVER LAKE CONDO COMPLEX area. The property is well-maintained and features five 2BED/1BATH and one 1BED/1BATH units.

One of the standout features of this property is the balconies/patios overlooking the water/pond, which provides a serene and calming atmosphere for the tenants. Additionally, the tenants are responsible for paying their own heat and electric bills, making this property even more appealing for investors.

The property also includes private parking spaces for up to 12 vehicles, which is a huge advantage for the tenants. The low association fee of $260/month covers the maintenance of the parking lot, lawn, snow removal, and scavenger services, making this property even more attractive for investors.

The property has a washer/dryer owned by the landlord, which is another added convenience for the tenants. In addition, the property features a new roof with a complete plywood teardown that was done in December 2015, ensuring the longevity of the property.

Furthermore, the interior hallways and laundry room were updated recently in May 2019, which adds to the overall appeal of the property. The front and rear entry doors are also new, providing an added layer of security for the tenants.

This property is located in a great rental location with long-term tenants, making it an attractive investment for anyone looking to invest in the rental property market. The property is conveniently located close to major highways and shopping centers, adding to its overall appeal.

Lastly, the property is located in a great school district, which is another added bonus for families with children. Overall, this property is an excellent investment opportunity with great income potential, long-term tenants, and desirable features and amenities that will make it a popular choice for prospective renters.

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Walk Score ®

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1523 Norway Ln Apt 1B
Walk Score
Walk Score
®
55
Somewhat Walkable
Transit Score
Transit Score
®
N/A
Transit Score not available for this location
Bike Score
Bike Score
®
46
Somewhat Bikeable

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