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1635 Oak Street

Chicago Heights, IL 60411
  • $309,900
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 505176
UPDATED: 26 min ago
$309,900
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $52
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1893
County:

School Ratings & Info

Description

All brick 7-unit money maker just a block from public transportation and village hall. Two- 3 bedroom apartments and Five-1 bedroom apartments. Over 6,000 square feet and fully rented plus new front load coin-op washer/dryer for added income. Great cash flow. Cap Rate at 13.6%. Vintage hardwood floors and trim throughout and some units with upgraded kitchen and baths. Upgraded entry door and security gate to south of building. Individual heat in each unit. Tenants pay gas and electric. 3 hot water heaters, Rubber roof approximately 12 years old, windows 10 years old, new water line 2020, new rear porch roof 2021, new basement glass block windows and building unit furnace 2021. Rear parking for 6 cars. Building is in good condition but being sold as-is. Owner will comply with city occupancy inspection.

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© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. 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. Data last updated 2022-01-28T20:52:37.223.
www.mccormickrealestateindiana.com/homes/123897674
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1635 Oak Street Chicago Heights, IL 60411

  • Price: $309,900
  • Status: Active
  • On Site: 49 Days
  • Updated: 26 min ago
  • MLS #: 505176
0
Beds
0
Baths
0
½ Baths
0.21
Acres
6,000
SQFT
$52
$/SQFT
1893
Built
Neighborhood:
Section 20 & 21
County:
Cook
Area:
Chicago Heights
Property Description
All brick 7-unit money maker just a block from public transportation and village hall. Two- 3 bedroom apartments and Five-1 bedroom apartments. Over 6,000 square feet and fully rented plus new front load coin-op washer/dryer for added income. Great cash flow. Cap Rate at 13.6%. Vintage hardwood floors and trim throughout and some units with upgraded kitchen and baths. Upgraded entry door and security gate to south of building. Individual heat in each unit. Tenants pay gas and electric. 3 hot water heaters, Rubber roof approximately 12 years old, windows 10 years old, new water line 2020, new rear porch roof 2021, new basement glass block windows and building unit furnace 2021. Rear parking for 6 cars. Building is in good condition but being sold as-is. Owner will comply with city occupancy inspection.
Exterior Features

Building Construction Brick Building Exterior Alum/Vinyl GuttersAlum/Vinyl Wndw TrimBrick Dock Features None Foundation Other Frontage Access City Street Lot Dimensions 50X185 Misc Outside BalconyEnclosed StairsSecurity GateSecurity Lighting Parking Common ParkingPaved ParkingPublic Parking Parking Spaces 12 Rail Availability None Roof Coverings FiberglassRubber Roof Structure Other

Interior Features

Air Conditioning Ventilation None Ceiling Type Plastered Floor Finish CarpetWood Heat Ventilation Gas Heat Misc Inside Other

Property Features

Amenities Exterior Lighting Backup Information Leases/Copies Current Use Multi Family Electrical Service Circuit Breakers Fire Protection Other Information Other Possession NegotiableSubject To Tenant Potential Use Multi Family Property Subtype1 Multi Family Taxes 13245 Tenant Pays ElectricityGas Terms CashConventional Transaction Type Sale Utilities On

Listing information © 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Tamara Radkay of Real People Realty, Inc..

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. 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. Data last updated 2022-01-28T20:52:37.223.
 
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