1660 2nd Street

    Highland Park, IL 60035
    • $1,150,000
    • STATUS: Active Under Contract
    • ON SITE: 66 days
    • MLS #: 10382443
    Under Contract
    UPDATED: 20 min ago
    $1,150,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,394
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    9 residential units in Prime downtown Highland Park location. High density property with 9 outdoor parking spaces. This property has multiple options: 1 Continue to collect current rent. Apartments are clean in an easy rent location. 2. Remodel apartments and raise rents. 3. Redevelop with high RO zoning. Front building is a pre war 4 unit apartment building with common entrance and hallways. The back building has California style apartments and was built in 1972. Each back apartment has its own entrance and pays their own heat. Common outdoor patio area between the two buildings. Dont miss this opportunity to own a significant property in a great location!

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    © 2019 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 2019-07-22T07:49:52.737 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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    www.johnlyonsrealestate.com/homes/94892872

    1660 2nd Street Highland Park, IL 60035

    • Price: $1,150,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • MLS #: 10382443
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    7,394
    SQFT
    $156
    $/SQFT
    1972
    Built
    Neighborhood:
    Highland Park
    County:
    Lake
    Area:
    Highland Park
    Property Description
    9 residential units in Prime downtown Highland Park location. High density property with 9 outdoor parking spaces. This property has multiple options: 1 Continue to collect current rent. Apartments are clean in an easy rent location. 2. Remodel apartments and raise rents. 3. Redevelop with high RO zoning. Front building is a pre war 4 unit apartment building with common entrance and hallways. The back building has California style apartments and was built in 1972. Each back apartment has its own entrance and pays their own heat. Common outdoor patio area between the two buildings. Dont miss this opportunity to own a significant property in a great location!
    Exterior Features

    Construction Brick Lot Dimensions 75X140 Lot Sq Ft 10500 Number Of Parking Spaces 9

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 0 Number Of Dryers 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 9 Number Of Refrigs 9 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 2 Number Of Rooms Unit3 5 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 7 Number Of Units Apt Type2 1 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1 Outdoor Parking 6-12 SpacesAssigned SpacesOpenPaved Repairs Decor Expense 0

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Contingency Flag Attorney/Inspection Electric Expense Source Actual Electricity Expense 295 Expense Year 2018 Exterior Building Type Brick Fuel Expense 3145 Fuel Expense Source Actual Gross Rental Income Amount 102420 Heat Ventilation Central Bldg HeatSeparate Per Unit Insurance Expense 9499 Insurance Expense Source Actual Janitor Expense 0 Janitor Expense Source Actual Monthly Income Max1 1050 Monthly Income Max2 850 Monthly Income Max3 1065 Net Oper Income Amount 63234 Net Operating Income Year 2018 Other Expenses 0 Tax Year 2018 Taxes $25355 Tenant Pays ElectricHeat Total Annual Exp 39186 Total Annual Expense Source Actual Total Annual Income 102420 Total Monthly Income 8535 Township Moraine Type Multi Family Corridor-Exterior EntranceFlatsOther Water Expense 408 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Jameson Sotheby's Intl Realty.


    © 2019 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 2019-07-22T07:49:52.737 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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