201 25th Street

    Chicago Heights, IL 60411
    • $239,000
    • STATUS: Active Under Contract
    • ON SITE: 281 days
    • MLS #: 10435036
    Under Contract
    $239,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    **Investors ALERT!!!** This is a complete rehab and fresh renovation of this 7 unit in renter heavy Chicago Heights. Seller is offering 3% (~$7,000) assistance to buyer! 2 3bed/1bath Units (~$950 per unit), 2 2bed/1bath Units (~$850 per unit), and 3 1bed/1bath Units (~$600 per unit). Appraisal on hand for $265,000. Potential of $64,000 gross income. Vacancy and loss (-5%). Effective gross income $61,650. Expenses (-44%). Net Income $34,765. Cap Rate 14%. **ALL OFFERS WELCOME**

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    © 2020 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 Scott Schoon with Century 21 Affiliated. Based on information submitted to the MRED as of 2020-04-05T23:49:33.617 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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    www.scottc21.com/homes/96426615

    201 25th Street Chicago Heights, IL 60411

    • Price: $239,000
    • Status: Active Under Contract
    • MLS #: 10435036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1925
    Built
    Neighborhood:
    Chicago Heights
    County:
    Cook
    Area:
    Chicago Heights
    Property Description
    **Investors ALERT!!!** This is a complete rehab and fresh renovation of this 7 unit in renter heavy Chicago Heights. Seller is offering 3% (~$7,000) assistance to buyer! 2 3bed/1bath Units (~$950 per unit), 2 2bed/1bath Units (~$850 per unit), and 3 1bed/1bath Units (~$600 per unit). Appraisal on hand for $265,000. Potential of $64,000 gross income. Vacancy and loss (-5%). Effective gross income $61,650. Expenses (-44%). Net Income $34,765. Cap Rate 14%. **ALL OFFERS WELCOME**
    Exterior Features

    Construction Brick Foundation Block Frontage Access City StreetPublic Road Land Amenities Children's Play YardSidewalks Lot Dimensions 5200 SQFT Number Of Parking Spaces 2

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 2 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 2 Number Of Units Apt Type2 2 Number Of Units Apt Type3 3 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 0

    Property Features

    Age Older Assessment Includes None Built Before1978 YN Yes Contingency Flag Other Contingency Current Use Residential-Multi-Family Electrical Service Circuit Breakers Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Gross Rental Income Amount 0 Heat Ventilation Forced AirGasSeparate Per Unit Insurance Expense 0 Janitor Expense 0 Known Encumbrances None Known Miscellaneous Outside CourtyardEnclosed Stairs Monthly Income Max1 0 Monthly Income Max2 0 Monthly Income Max3 0 Net Oper Income Amount 0 Other Expenses 0 Possession Closing Potential Use Residential-Multi-Family Sale Terms ConventionalCash Only Tax Year 2017 Taxes 8664.29 Tenant Pays ElectricHeat Total Annual Exp 0 Total Annual Income 0 Total Monthly Income 0 Township Bloom Type Multi Family Corridor-Exterior EntranceCorridor-Interior EntranceCourtyard Water Expense 0 Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Pearson Realty Group.


    © 2020 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 Scott Schoon with Century 21 Affiliated. Based on information submitted to the MRED as of 2020-04-05T23:49:33.617 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
     
    Scott Schoon with Century 21 Affiliated
    7817 W. 159th
    Tinley Park IL, 60477