Chicago Heights, IL 60411,1045 S Halsted Street
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Chicago Heights, IL 60411,1045 S Halsted Street
Chicago Heights, IL 60411,1045 S Halsted Street
Chicago Heights, IL 60411,1045 S Halsted Street
Chicago Heights, IL 60411,1045 S Halsted Street

$307,000

Est. payment /mo

$339,900

9.7%
Est.Price: ?

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1045 S Halsted Street Chicago Heights, IL 60411

3,049 Sqft Lot

SOLD DATE : 04/25/2024

Key Details

Sold Price $307,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11978337

Sold Date 04/25/24

Year Built 1974

Annual Tax Amount $15,148

Tax Year 2021

Lot Size 3,049 Sqft

Lot Dimensions 6527

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.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

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Listed by Keith Hatzfeld • Homeriver Illinois LLC
Bought with Javier Rivera • Results Realty ERA Powered

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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