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185 W 14th Place

Chicago Heights, IL 60411
  • $699,900
  • STATUS: Active Under Contract
  • ON SITE: 68 days
  • MLS #: 11101167
Under Contract
$699,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Description

Outstanding 14 unit multifamily located in a great rental area. Numerous upgrades since 2013 that include a new roof, hot water boiler, direct fire alarm and more. Numerous upgraded apartments that include new ceramic tile in kitchens & bathrooms and new carpeting. Huge private parking lot . Flexicore construction. 100% rented. A great addition to an owners portfolio.

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© 2021 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 2021-08-02T23:52:03.547 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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185 W 14th Place Chicago Heights, IL 60411

  • Price: $699,900
  • Status: Active Under Contract
  • MLS #: 11101167
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
Chicago Heights
County:
Cook
Area:
Chicago Heights
Property Description
Outstanding 14 unit multifamily located in a great rental area. Numerous upgrades since 2013 that include a new roof, hot water boiler, direct fire alarm and more. Numerous upgraded apartments that include new ceramic tile in kitchens & bathrooms and new carpeting. Huge private parking lot . Flexicore construction. 100% rented. A great addition to an owners portfolio.
Exterior Features

Construction Materials Brick Outdoor Parking 19-30 Spaces Parking Total 20

Interior Features

Basement Description Unfinished Cooling Window Unit(S) Fireplaces Total 0 Heat Ventilation Forced AirGas Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 0 Number Of Full Bathrooms Type4 0 Number Of Full Bathrooms Type5 0 Number Of Full Bathrooms Type6 0 Number Of Full Bathrooms Type7 0 Number Of Ranges 14 Number Of Refrigs 14 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 4 Number Of Units Apt Type2 10 Number Of Units Apt Type3 0 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 2 Number Of Window Ac 12

Property Features

Additional Parcels YN Yes Association Fee Includes None Built Before1978 YN Yes Cap Rate 9.5 Electric Expense 1059 Expense Year 2020 Exterior Building Type Brick Fuel Expense 4097 Gross Income 125340 Gross Scheduled Income 125340 Insurance Expense 4016 Janitor Expense 2820 Lot Size Dimensions 125 X 25 Maintenance Expense 2425 Monthly Income Max1 825 Monthly Income Max2 700 Net Operating Income Year 2021 Operating Expense 55146 Other Expense 5070 Tax Annual Amount 26797 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 10445 Trash Expense 1498 Type Multi Family Corridor-Interior Entrance Unincorporated YN No Water Sewer Expense 2344

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Synergy.


© 2021 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 2021-08-02T23:52:03.547 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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