6645 111th Street

    Worth, IL 60482
    • $610,000
    • STATUS: Active
    • ON SITE: 218 days
    • MLS #: 10272587
    UPDATED: 24 min ago
    $610,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $174
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Investment Opportunity here! Solid brick & Flexicore constructed 3,500 sq. ft. Commercial/Office Building includes 3 "Long Term" tenants, "Subway" Sandwich shop, Dentist office, and Insurance Company, 2 of 3 units offer long term leases. Insurance Company is month to month bot for over 10 years.All tenants pay real estate tax increases from year to year. This is a very well maintained property, with first class tenants, perfect Investment with "Positive Cash Flow!" Property being Sold "As-Is." No contingent on sale contracts. $10,000 earnest money needed in Cashiers Check and Pre-approved Buyers only please. Property is not Owner Occupied. Please do not bother tenants. Shown by Appointment ..24 hour notice..Text Listing Agent to set appointments to show. Don't wait..this one will not last long on the market! 3 separate gas forced warm air furnaces, 3 sep. central air, 3 h.w. htrs, New roof-2015

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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 The Wexler Group. Based on information submitted to the MRED as of 2019-09-21T16:51:46.847 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.thewexlergroup.com/homes/91826721

    6645 111th Street Worth, IL 60482

    • Price: $610,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 10272587
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,500
    SQFT
    $174
    $/SQFT
    1976
    Built
    Neighborhood:
    Worth
    County:
    Cook
    Area:
    Worth
    Property Description
    Excellent Investment Opportunity here! Solid brick & Flexicore constructed 3,500 sq. ft. Commercial/Office Building includes 3 "Long Term" tenants, "Subway" Sandwich shop, Dentist office, and Insurance Company, 2 of 3 units offer long term leases. Insurance Company is month to month bot for over 10 years.All tenants pay real estate tax increases from year to year. This is a very well maintained property, with first class tenants, perfect Investment with "Positive Cash Flow!" Property being Sold "As-Is." No contingent on sale contracts. $10,000 earnest money needed in Cashiers Check and Pre-approved Buyers only please. Property is not Owner Occupied. Please do not bother tenants. Shown by Appointment ..24 hour notice..Text Listing Agent to set appointments to show. Don't wait..this one will not last long on the market! 3 separate gas forced warm air furnaces, 3 sep. central air, 3 h.w. htrs, New roof-2015
    Exterior Features

    Construction BrickConcrete Block Foundation Concrete Frontage Access State Road Location Central Business District Lot Dimensions 58 X 170 Lot Sq Ft 9860 Number Of Parking Spaces 29 Number Of TLDocks 0 Roof Coverings FiberglassMembrane Roof Structure FlatMansard

    Interior Features

    Air Conditioning Central Air Fire Protection Other Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 19-30 Spaces

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Current Use CommercialOffice And ResearchOther Electrical Service Circuit Breakers101-200 Amps Expense Year 2018 Exterior Building Type Brick Geographic Locale Southwest Suburban Gross Rentable Area 3500 Gross Rental Income Amount 93500 Heat Ventilation Forced AirGas Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 3500 Min Avail Sq Ft Rentable 400 Miscellaneous Outside Security Lighting Net Oper Income Amount 53120 Net Operating Income Year 2019 Net Rentable Area 3500 Number Of Tenants 3 Possession Tenant's Rights Potential Use CommercialOffice And ResearchOther Property Offered For Sale Only Sale Terms ConventionalCash Only Tax Year 2017 Taxes 37528 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialOperating StopsReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerTax StopsWater/SewerVaries By Tenant Total Annual Exp 40380 Total Annual Expense Source Actual Total Annual Income 93500 Total Monthly Income 7792 Township Worth Unincorporated YN No Utilities To Site Electric To SiteGas To SiteWater-MunicipalWater To Site Water Drainage Storm Sewers Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Kagan Real Estate, Inc..


    © 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 The Wexler Group. Based on information submitted to the MRED as of 2019-09-21T16:51:46.847 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
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467