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2601 Commercial Avenue

South Chicago Heights, IL 60411
  • $515,000
  • STATUS: Closed
  • ON SITE: 100 Days
  • MLS #: 11245100
Sold - 01/20/2022
$515,000
SOLD - 01/20/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

Pleased to offer for sale this solid 12-unit multi-family building with approximately 7,800 SF of rentable area, located within the South Chicago Heights suburb of Chicago. The property contains (12) 1Bed/1Bath units (650 SF). The building is currently 100% occupied and privately managed by a third party. The property is priced for immediate sale at $45,750 per unit ($549,000) reflecting a capitalization rate of 9.46%. Additional photos available upon request.

Sold by Re/Max 10.

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© 2022 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 @properties. Based on information submitted to the MRED as of 2022-01-22T00:50:12.773 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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2601 Commercial Avenue South Chicago Heights, IL 60411

  • Price: $549,000
  • Status: Closed
  • On Site: 100 Days
  • MLS #: 11245100
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
South Chicago Heights
County:
Cook
Area:
South Chicago Heights
Property Description
Pleased to offer for sale this solid 12-unit multi-family building with approximately 7,800 SF of rentable area, located within the South Chicago Heights suburb of Chicago. The property contains (12) 1Bed/1Bath units (650 SF). The building is currently 100% occupied and privately managed by a third party. The property is priced for immediate sale at $45,750 per unit ($549,000) reflecting a capitalization rate of 9.46%. Additional photos available upon request.
Exterior Features

Parking Total 12

Interior Features

Heat Ventilation Steam

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Financing Conventional Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Maintenance Expense 0 Net Operating Income 0 Operating Expense 0 Short Sale Not Applicable Tax Annual Amount 18136.8 Tax Year 2020 Tenant Pays Air ConditioningElectricityOther Total Monthly Income 0 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Aco Commercial.


© 2022 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 @properties. Based on information submitted to the MRED as of 2022-01-22T00:50:12.773 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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