$575,000

394 W Lincoln Highway, Chicago Heights, IL 60411

  • 5,305 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $108/sqft
  • Property List Date Icon Listed 5 days ago

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.

Listing Status:
Active
Listing Office:
eXp Realty : 773-630-9205
Listing Agent:
Michael Scanlon : 773-630-9205
MLS ID:
12508697
  • Basement: Finished
  • A/C: Window Unit(s)
  • Fireplace: Fireplaces: 2
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR32194020690000
  • Current Use: Multi-Family
  • Utilities: Service - 0 to 100 Amps
  • Source: mred

This listing courtesy of Michael Scanlon, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

District 206 Alternative High School

100 W 10th St, Chicago Heights, IL, 60411

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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