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394 Lincoln Highway, Chicago Heights, IL 60411
$150,000 Contingent
394 Lincoln Highway, Chicago Heights, IL 60411View this property at 394 Lincoln Highway, Chicago Heights, IL 60411
394 Lincoln HighwayChicago HeightsIL60411
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Property Description
Great value add opportunity. Potential to add significant value with a few updates and touches. Close to many shops and restaurants with a large parking lot and spacious units.
Full Property Details
Full Property Details for 394 Lincoln Hwy
General
- Price: $150,000
- Taxes: $14,809 (2021)
- Status: Contingent
- Type: Commercial
- MLS ID: 11834841
- Updated: 2/20/2024
- Added to Site: 288 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
Location
- Area: Chicago Heights
- County: Cook
- Township: Bloom
- Driving Directions: South on Lincoln Highway, West of Ashland Ave
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiators
Utilities
- Trash: 2483
Structural Information
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 5,305
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
Lot Features
- Lot Size (Sq. Ft.): 16,508
- Lot Dimensions: 118 x 128
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $2,600
- Operating Expenses: $25,357
- Other Fee: $1,010
- Assessment Year: 1926
- Tax Amount: $14,809
- Tax Year: 2021
- Tenant Pays: Electricity
- Pays Electric: 1589
- Pays Trash: 2483
Disclosures and Reports
- Property ID: 32194020690000
Listed by eXp Realty, LLC
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Schools
Schools serving 394 Lincoln Hwy
School Districts:Chicago Heights Sd 170, Bloom Township Hsd 206
Rating | Name | Grades | Distance |
---|---|---|---|
1345 Sunnyside Ave, Chicago Hts, IL 60411 | K-8 | 0.3 mi | |
101 W 10th St, Chicago Hts, IL 60411 | 9-12 | 0.9 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 394 Lincoln Hwy
Date
Details
Price
Change
Source
2/08/2024
Price Reduced
$150,000
-25%
MLS
7/17/2023
Listed
$200,000
8.11%
MLS
7/09/2019
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 394 Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$15,421
4%
$24,399
—
2021
$14,809
3%
$24,399
—
2020
$14,338
18%
$24,399
16%
2019
$12,133
5%
$21,068
—
2018
$11,535
-12%
$21,068
-16%
2017
$13,144
19%
$25,114
22%
2016
$11,026
1%
$20,563
—
2015
$10,901
1%
$20,563
—
2014
$10,804
-2%
$20,563
-6%
2013
$11,081
3%
$21,901
—
2012
$10,736
—
$21,901
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 394 Lincoln Hwy
394 Lincoln Highway, Chicago Heights, IL 60411 (MLS# 11834841) is a Commercial property. 394 Lincoln Highway is currently listed for $150,000 and was received on July 17, 2023. Want to learn more about 394 Lincoln Highway? 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.