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    1020 Chicago Road

    Chicago Heights, IL 60411
    • $130,000
    • STATUS: Active Under Contract
    • ON SITE: 490 days
    • MLS #: 10721474
    Under Contract
    UPDATED: 10 min ago
    $130,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,268
      SQFT
    • $18
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1966
    County:

    School Ratings & Info

    Description

    TWO(2) WELL Maintained Brick buildings are located on the property containing 10 income producing units. Call for a confidential rent roll and income statement. The south building is 100% occupied with a dental tenant. The north building is also 100% occupied (9 units) with month to month or 1 yr lease terms. Several of the tenants are long term. The south building has a crawl space and the north has a Full Basement. All tenants pay their own gas and electric. Water and CAM are by the owner. The parking lot was repaved in 2018. Any and all inspections are the purchasers responsibility and expense. Near stoplight corner location at the Rt1 cutoff. Near the Bloom Township building & High School. Taxes have been appealed and a Tax Reduction Letter Has Been Received! Reduction to be over $18,000/year. Call for details...

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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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T16:08:37.127 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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    1020 Chicago Road Chicago Heights, IL 60411

    • Price: $130,000
    • Status: Active Under Contract
    • Updated: 10 min ago
    • MLS #: 10721474
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    7,268
    SQFT
    $18
    $/SQFT
    1966
    Built
    Neighborhood:
    Chicago Heights
    County:
    Cook
    Area:
    Chicago Heights
    Property Description
    TWO(2) WELL Maintained Brick buildings are located on the property containing 10 income producing units. Call for a confidential rent roll and income statement. The south building is 100% occupied with a dental tenant. The north building is also 100% occupied (9 units) with month to month or 1 yr lease terms. Several of the tenants are long term. The south building has a crawl space and the north has a Full Basement. All tenants pay their own gas and electric. Water and CAM are by the owner. The parking lot was repaved in 2018. Any and all inspections are the purchasers responsibility and expense. Near stoplight corner location at the Rt1 cutoff. Near the Bloom Township building & High School. Taxes have been appealed and a Tax Reduction Letter Has Been Received! Reduction to be over $18,000/year. Call for details...
    Exterior Features

    Exterior Building Type BrickFrame Frontage Type City StreetPublic RoadSignal Intersection Outdoor Parking 19-30 SpacesLightedPaved Parking Total 29

    Interior Features

    Cooling Central Individual Flooring CarpetTile Heat Ventilation Forced AirGas Miscellaneous Inside Private Restroom/SBasement Number Of TLDocks 0

    Property Features

    Additional Parcels YN Yes Approximate Age Older Building Area Total 7268 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Circuit BreakersSeparate Meters Fire Protection Fire Extinguisher/S Geographic Locale South Suburban Gross Income 105300 Gross Scheduled Income 105300 Leasable Area 7268 Net Operating Income 44022 Number Of Tenants 9 Operating Expense 20205 Possible Use CommercialOffice And ResearchRetailOtherSingle Room Occupancy Property Offered For Sale Only Tax Annual Amount 44983.2 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 8775 Township Bloom Type Office/Tech Zoning Offic

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T16:08:37.127 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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    The Wexler Group | Keller Williams Preferred Realty
    16123 S LaGrange Road
    Orland Park IL, 60467