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16054 Cottage Grove Avenue

South Holland, IL 60473
  • $239,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 11928438
UPDATED: 7 min ago
$239,000
  • 6
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,500
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
County:

School Ratings & Info

School District:
151

Description

Outstanding opportunity to acquire a strong cash flowing rental home. The property has been updated with a 2 year old roof, exterior painting as well as interior updates. This property is part of a larger portfolio of rental properties and is currently tenant occupied through August 2024. NOI is $19,366 with the potential to be nearly $33,000 by maximizing the bedrooms under the voucher program. The value is in the income potential.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2024-02-22T09:58:51.32 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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16054 Cottage Grove Avenue South Holland, IL 60473

  • Price: $239,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 7 min ago
  • MLS #: 11928438
6
Beds
2
Baths
0
½ Baths
N/A
Acres
1,500
SQFT
$159
$/SQFT
1940
Built
Neighborhood:
South Holland
County:
Cook
Area:
South Holland
School District:
151
Property Description
Outstanding opportunity to acquire a strong cash flowing rental home. The property has been updated with a 2 year old roof, exterior painting as well as interior updates. This property is part of a larger portfolio of rental properties and is currently tenant occupied through August 2024. NOI is $19,366 with the potential to be nearly $33,000 by maximizing the bedrooms under the voucher program. The value is in the income potential.
Exterior Features

Exterior Building Type Vinyl Siding Lot Size .25-.49 Acre Parking Details Space/s Parking Onsite Yes Parking Ownership Owned Parking Total 1 Types 2 Stories Waterfront YN No

Interior Features

Approximate Finished Sq Ft 0 Basement None Basement Details None Bedrooms Below Grade 0 Bedrooms Total 6 Cooling Window/Wall Units - 3+ Heating Natural GasBaseboard Room Type Bedroom 5Bedroom 6 Rooms Bedroom 5 (Second) Bedroom 6 (Second) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) Bedroom 2 (Main) Bedroom 3 (Main) Bedroom 4 (Second) Dining Room (Main) Family Room (Second) Kitchen (Main) Laundry (Main) Living Room (Main) Master Bedroom (Main) Rooms Total 10 Total Sq Ft 0 Unfinished Sqft 0

Property Features

Additional Parcels YN No Age 81-90 Years Association Fee Frequency Not Applicable Association Fee Includes None Built Before1978 YN Yes Corporate Limits South Holland Currently Leased Yes Disability Access And Or Equipped No General Information School Bus ServiceCommuter TrainInterstate Access Master Association Fee Frequency Not Required Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2020 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 8693 Tax Year 2022 Township Thornton Type Detached Single Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 708-460-1400.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2024-02-22T09:58:51.32 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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