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$200,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Total Beds
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Rents have increased to provide a buyer with a 10.3% CAP Rate on this ideal investment opportunity. This meticulously maintained, 3-unit apartment building is fully occupied, with 2 long-term tenants, and bringing in over $20K per year in NOI. The two 1st floor units feature spacious living rooms and hardwood floors throughout living room and both bedrooms; units offer a large eat-in kitchen with ceramic tile floors. The 2nd floor unit has private entrance, large living room and extra large bedroom with eat in kitchen and newer carpeting. Property has central heat and A/C. Both A/C units are approx. 10 years old and function as intended. Tenants pay their own electric and gas - all separately metered. Sale includes 3 refrigerators, 3 stoves and washer/dryer. PROPERTY IS NOT APPROVED FOR FHA FINANCING -- ONLY CASH OR CONVENTIONAL FINANCING. Property is in great condition, but will be sold "AS-IS". Property has already passed village inspection. Previous deals fell through due to buyers financing.

Full Property Details for 1123 Grant Ave

General

  • Sold For: $200,000
  • Taxes: $12,754 (2021)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 11703236
  • Added to Site: 1, 128 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Total Spaces: 2
  • Parking Features: Off-Street
  • Parking Type: Space(s)
  • Parking On-Site: Yes

Location

  • Area: Chicago Heights
  • County: Cook
  • Driving Directions: Halsted St to E 12th St to Grant St to property

School Information

  • School District: 170
  • Midd School District: 170
  • Elementary School: Roosevelt Elementary School
  • Middle School: Chicago Heights Middle School
  • High School: Bloom High School
  • Private School: Bloom High School

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Exterior Const.: Brick
  • Basement Desc.: Full
  • Roof: Asphalt
  • Year Built: 1949
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 41 x 87

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1949
  • Tax Amount: $12,754
  • Tax Year: 2021

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 32202040090000

Listed and Sold by BHHS Chicago

Listing agent

— 1123 Grant Ave —

  • BHHS Chicago

(312) 953-5780

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1123 Grant Ave

School Districts:Chicago Heights School District 170, Bloom Township High School District 206
NameGradesDistance
Roosevelt Elementary School, Chicago Heights, IL
1345 Sunnyside Avenue, Chicago Heights, IL 60411
K-80.8 mi
Bloom High School
101 West 10th Street, Chicago Heights, IL 60411
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1123 Grant Ave

Date
Details
Price
Change
Source
1/24/2024
Sold
$200,000
-6.98%
MLS
1/18/2023
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by BHHS Chicago

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1123 Grant Avenue, Chicago Heights, IL 60411 (MLS# 11703236) is a Multi-Family property that was sold at $200,000 on January 24, 2024. Want to learn more about 1123 Grant Avenue? Do you have questions about finding other Multi-Family 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.