Skip To Content

    11559 S Harlem Avenue

    Worth, IL 60482
    • $899,900
    • STATUS: Active Under Contract
    • ON SITE: 70 days
    • MLS #: 11156607
    Under Contract
    UPDATED: 55 min ago
    $899,900
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Opportunity to purchase this long-time owned 12 unit building in Worth on corner of 116th & Harlem. The Building is made up of 6 units with 2 bdrms/1 bath; 5 units with 1 bdrm/1 bath and a 1st floor studio apartment that was updated 4 years ago. All units have table area space in the kitchens along with ranges, refrigerators & 1 wall/window A/C unit. The Rental Income and Expenses are based on 2020 fiscal year. Most tenants are Long term tenants and are on month to month...rents are well below the market value. Coin laundry located on the 1st floor. Hot water heater for building replaced in '08; 23 entry doors installed in '01; Boiler new in '01; Windows replaced '06; Roof '08. Great location across the street from the Water Reclamation with walking paths; Water's Edge Golf Course; public transportation nearby etc.

    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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T17:08:35.56 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.thewexlergroup.com/homes/119334376
    Print Image

    11559 S Harlem Avenue Worth, IL 60482

    • Price: $899,900
    • Status: Active Under Contract
    • Updated: 55 min ago
    • MLS #: 11156607
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1963
    Built
    Neighborhood:
    Worth
    County:
    Cook
    Area:
    Worth
    Property Description
    Excellent Opportunity to purchase this long-time owned 12 unit building in Worth on corner of 116th & Harlem. The Building is made up of 6 units with 2 bdrms/1 bath; 5 units with 1 bdrm/1 bath and a 1st floor studio apartment that was updated 4 years ago. All units have table area space in the kitchens along with ranges, refrigerators & 1 wall/window A/C unit. The Rental Income and Expenses are based on 2020 fiscal year. Most tenants are Long term tenants and are on month to month...rents are well below the market value. Coin laundry located on the 1st floor. Hot water heater for building replaced in '08; 23 entry doors installed in '01; Boiler new in '01; Windows replaced '06; Roof '08. Great location across the street from the Water Reclamation with walking paths; Water's Edge Golf Course; public transportation nearby etc.
    Exterior Features

    Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetPublic Road Land Amenities Curbs And GuttersSidewalks Outdoor Parking 13-18 SpacesAssigned SpacesPavedPrivate Lot Parking Total 17 Roof Composition

    Interior Features

    Basement None Cooling Window Unit(S) Fireplaces Total 0 Heat Ventilation Hot WaterBaseboard Miscellaneous Inside Laundry Room Number Of Dishwashers 0 Number Of Dryers 2 Number Of Ranges 12 Number Of Washers 2

    Property Features

    Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Separate Meters Gross Income 102900 Gross Scheduled Income 102900 Insurance Expense 5629 Location CornerPublic Transport Avail Maintenance Expense 14987 Net Operating Income 30467 Operating Expense 72433 Ownership Types IndividualLand Trust Possible Use Multi-Family Seller Needs Cash Tax Annual Amount 28978 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 9250 Township Worth Type Multi Family 5+ Utilities Sanitary SewerWater-MunicipalWater To Site Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max 10.


    © 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 2021-09-24T17:08:35.56 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_11156607-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11156607-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11156607-1.jpg
    Logo
    The Wexler Group | Keller Williams Preferred Realty
    16123 S LaGrange Road
    Orland Park IL, 60467