Skip To Content

    810 E Shady Way

    Arlington Heights, IL 60005
    • $920,000
    • STATUS: Active Under Contract
    • ON SITE: 93 days
    • MLS #: 11035089
    Under Contract
    $920,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    8 condominiums to be sold as a package deal only. Starting June 2021 leases are being renewed at a higher rental rate: gross annual rents will be $ 105,828, inquire for a new pro forma) The secured, well-maintained building with an elevator has a total of 40 units. 7 out of 8 units have deeded underground garage parking and 1 unit has 1 outside parking spot. 3 of the units have access to a large patio. All 8 units are 1 bedroom 1 bathroom. Low HOA assessments cover heat, water, scavenger, security system, lawn care, common insurance, snow removal. Ideal for an investor, positive cash flow from day 1. Community with a small park on the grounds, fitness center, and tennis club across the street.

    Monthly Payment Calculator



    © 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 2021-07-31T23:52:51.093 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
    www.johnlyonsrealestate.com/homes/116587849
    Print Image

    810 E Shady Way Arlington Heights, IL 60005

    • Price: $920,000
    • Status: Active Under Contract
    • MLS #: 11035089
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1975
    Built
    Neighborhood:
    Arlington Heights
    County:
    Cook
    Area:
    Arlington Heights
    Property Description
    8 condominiums to be sold as a package deal only. Starting June 2021 leases are being renewed at a higher rental rate: gross annual rents will be $ 105,828, inquire for a new pro forma) The secured, well-maintained building with an elevator has a total of 40 units. 7 out of 8 units have deeded underground garage parking and 1 unit has 1 outside parking spot. 3 of the units have access to a large patio. All 8 units are 1 bedroom 1 bathroom. Low HOA assessments cover heat, water, scavenger, security system, lawn care, common insurance, snow removal. Ideal for an investor, positive cash flow from day 1. Community with a small park on the grounds, fitness center, and tennis club across the street.
    Exterior Features

    Outdoor Parking 1-5 Spaces Parking Total 8

    Interior Features

    Cooling Wall Sleeve Heat Ventilation Hot WaterBaseboard Indoor Parking 6-12 Spaces Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 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 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 8 Number Of Units Apt Type2 0 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

    Property Features

    Additional Parcels YN Yes Association Fee Includes HeatWaterParkingInsuranceSecurityExterior MaintenanceLawn CareScavengerSnow Removal Built Before1978 YN Yes Current Use Condominium Electric Expense 0 Expense Year 2019 Fuel Expense 0 Gross Income 97896 Gross Scheduled Income 97896 Insurance Expense 0 Janitor Expense 0 Lot Size Dimensions Common Maintenance Expense 0 Monthly Income Max1 1150 Net Operating Income Year 2019 Operating Expense 23664 Other Expense 23664 Tax Annual Amount 14869 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 8158 Trash Expense 0 Type Multi Family Condo/Townhouse Unincorporated YN No Water Sewer Expense 0

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Charles Rutenberg Realty.


    © 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 2021-07-31T23:52:51.093 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
     
    https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11035089-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11035089-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11035089-1.jpg
    Logo
    John Lyons Real Estate | Baird & Warner
    2526 N Lincoln Ave
    Chicago IL, 60614