Skip To Content

1045 S Halsted Street

Chicago Heights, IL 60411
  • $339,900
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • MLS #: 11978337
Under Contract
UPDATED: 63 min ago
$339,900
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1974
County:

School Ratings & Info

Description

Step right into cash-flow in this well maintained 8-unit multi-family investment. The building features 8 studio apartments, each including their own hot water tank and gas furnace. 8 parking spaces in the back of the building. Current CAP rate with below market rents is 8.73% and with raising rents to market rent the projected CAP rate is 9.65%. Property located in a residential area close to shopping and South Halsted Street. Vacant units and common areas will be available to show on initial walkthrough.

Monthly Payment Calculator



© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-24T23:04:20.92 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.centralilhomefinder.com/homes/147505386
Print Image

1045 S Halsted Street Chicago Heights, IL 60411

  • Price: $339,900
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 63 min ago
  • MLS #: 11978337
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1974
Built
Neighborhood:
Chicago Heights
County:
Cook
Area:
Chicago Heights
Property Description
Step right into cash-flow in this well maintained 8-unit multi-family investment. The building features 8 studio apartments, each including their own hot water tank and gas furnace. 8 parking spaces in the back of the building. Current CAP rate with below market rents is 8.73% and with raising rents to market rent the projected CAP rate is 9.65%. Property located in a residential area close to shopping and South Halsted Street. Vacant units and common areas will be available to show on initial walkthrough.
Exterior Features

Outdoor Parking 6-12 Spaces

Interior Features

Cooling Window Unit(s) Heat Ventilation Separate Per Unit Number Of Ranges 8

Property Features

Additional Parcels YN Yes Approximate Age 36-50 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Service - 0 to 100 Amps Gross Income 68520 Gross Scheduled Income 30296 Insurance Expense 2600 Maintenance Expense 3426 Mls Actual Status Contingent Net Operating Income 30296 Operating Expense 34798 Tax Annual Amount 15148 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 5710 Township Bloom Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Homeriver Illinois LLC: 630-324-4267.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-24T23:04:20.92 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/orig_boomver_1_11978337-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11978337-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11978337-1.jpg
Logo
Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822