“Property (2415-17 Lombard) qualifies for immediate condo conversion w/ NO occupancy requirements!” It gets better, “Property has a deeded easement over 3 neighboring lots directly West on Lombard. Seller also earns add’l income ($500/monthly) for duration of ad campaign when Sign Co puts new ads on billboard directly next door.” Here’s a few more numbers:
List Price: $1,695,000
Est Gross Income: $111600
Est Total Ann Exp: $27320
Est Net Income: $80931
–2415-17 Lombard [mls]