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Listed by Michael Scanlonof eXp Realty
$575,000
Est. payment /mo
5,305 SqFt
New
394 W Lincoln Highway Chicago Heights, IL 60411
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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,305 sqft
Price per Sqft $108
MLS Listing ID 12508697
Year Built 1926
Annual Tax Amount $15,107
Tax Year 2023
Lot Dimensions 118X128
Property Sub-Type Multi Family 5+
Property Description
Newly rehabbed 5 unit building with extremely strong rents! Boasting an 8.43% cap rate providing 10.09% cash on cash return, this is a strong turnkey investment. This building has been turned over and updated over the last year with new/refinished flooring through most of the apartments, fresh paint, new or freshened up cabinets, several updated bathrooms, several updated countertops, and exterior updates/repairs. Plenty of parking and large floorplans make this an easy to rent building.
Location
State IL
County Cook
Zoning COMMR
Rooms
Basement Finished
Interior
Cooling Window Unit(s)
Fireplaces Number 2
Fireplace Y
Exterior
View Y/N true
Building
Structure Type Brick
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