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1045 S Halsted Street, Chicago Heights, IL 60411
$307,000
1045 S Halsted Street, Chicago Heights, IL 60411View this property at 1045 S Halsted Street, Chicago Heights, IL 60411
1045 S Halsted StreetChicago HeightsIL60411
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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.
Full Property Details
Full Property Details for 1045 S Halsted St
General
- Sold For: $307,000
- Taxes: $15,148 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11978337
- Added to Site: 75 day(s) ago
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Chicago Heights
- County: Cook
- Driving Directions: S on Halsted, drive past E 10th Street, property on ride side before E 11th Street
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Separate per Unit
Structural Information
- Stories/Levels: 2
- Year Built: 1974
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 6,527
- Lot Dimensions: 6527
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $34,798
- Assessment Year: 1974
- Tax Amount: $15,148
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 32211000250000
Listed by Homeriver Illinois LLC
Sold by Results Realty ERA Powered
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Schools
Schools serving 1045 S Halsted St
School Districts:Chicago Heights Sd 170, Bloom Township Hsd 206
Rating | Name | Grades | Distance |
---|---|---|---|
176 E 11th St, Chicago Hts, IL 60411 | K-8 | 0.2 mi | |
101 W 10th St, Chicago Hts, IL 60411 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1045 S Halsted St
Date
Details
Price
Change
Source
4/25/2024
Sold
$307,000
-9.68%
MLS
2/10/2024
Listed
$339,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1045 S Halsted Street, Chicago Heights, IL 60411 (MLS# 11978337) is a Commercial property that was sold at $307,000 on April 25, 2024. Want to learn more about 1045 S Halsted Street? Do you have questions about finding other Commercial real estate for sale in Chicago Heights? You can browse all Chicago Heights real estate or contact a Coldwell Banker agent to request more information.