42.0897 -87.99705

1114 West HAWTHORNE Street Arlington Heights, IL 60005

260455933 42.0897 -87.99705 129 /listing/260455933-150273699/1114-west-hawthorne-street-arlington-heights-il-60005 False 0 3700000.0 105 10612053 False
  • $3,700,000
  • 1.22 lot
  • Est payment $19862.4/mo

Property & Neighborhood Info

Courtesy Of Baird & Warner

Multi-Family in Arlington Heights

No fears here. The Covid-19 epidemic had almost no affect financially, with 90.4 % April full rent collect, and 100% May rent collected. PERFECT TURN KEY INVESTMENT. Four "California designed" buildings, each contains 8 units, laundry room and separate storage room. Tenants pay their own electricity ! Rare opportunity to own a great professional property managed Investment property. Outstanding location with walking distance to Arlington Park Metra Station (approx. 0.8 mile), Arlington Park Race Track (approx. 0.7) or the new $17 million dollar Arlington Heights Park District building(approx. 0.6 mile) that includes gymnasium, basketball courts, running/walk track, swimming pools, fitness center which is to be completed by 2020. The properties have higher income potential since the current monthly rents are below the local market. The buyer(s) will have great cash flow from day one. No HOA. Many recent updates include new paved parking lot and drive(2017), several new hot water heaters replaced (2018-2019 and 2020), majority of apartments completely remodeled including new S/S kitchen appliances, new LED exterior lighting fixtures, security camera's.

Courtesy Of Baird & Warner
  1. 1.22 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1968
  • Floors: 2
  • County: Cook County
  • Taxes: $38,890.00
  • Units: 32
  • Zoning: MULTI
  • MLS Number:10612053

Additional Features

  • Alternate Phone Number:
    • (815) 712-6112
  • Annual Expenses:
    • 139827
    • Actual
  • List Type (Exclusive):
    • Exclusive Right To Sell
  • Net Operating Income:
    • 224773
  • Parking Spaces:
    • 44
  • Square Footage Total:
    • 23200
  • Tax ID:
    • 03301170600000
  • Total Acres:
    • 1.22
  • Age Description:
    • 36-50 Years
  • Air Conditioning:
    • Wall Sleeve
  • Amenities:
    • Cable Ready
    • Curbs and Gutters
    • Lighting/Exterior
    • Other
    • Sidewalks
  • Basement:
    • Crawl
  • Construction:
    • Brick
    • Concrete Block
  • Current Use:
    • Residential-Multi-Family
  • Documents Available:
    • Leases-Copies
    • Rent Roll
  • Electric:
    • 0-100 Amps
    • Circuit Breakers
  • Exterior:
    • Brick
  • Exterior Features:
    • Balcony/ies
    • Courtyard
    • Security Lighting
    • Security System
    • Storms and Screens (as exist)
  • Fire System:
    • Carbon Monoxide Detector(s)
    • Fire Extinguisher/s
    • Smoke or Fire Protectors
  • Fireplace(s):
    • 0
  • Foundation:
    • Concrete
  • Heat:
    • Baseboard
    • Central Bldg Heat
    • Gas
    • Hot Water
  • HOA:
    • No
  • Inside Features:
    • Storage Inside
  • Outdoor Parking:
    • 31-50 Spaces
    • Assigned Spaces
    • Paved
  • Owner Agent:
    • No
  • Ownership:
    • Individual
  • Possession:
    • Closing
  • Potential Use:
    • Residential-Multi-Family
  • Property Type:
    • Courtyard
  • Road Frontage:
    • City Street
  • Roof:
    • Flat
    • Membrane
    • Pitched
    • Rubber
  • Special Information:
    • 48-Hr Notice Required
    • List Broker Must Accompany
    • No Sign on Property
    • Non-Disclosure Agreement
    • Show-Call Listing Office
  • Tenant Pays:
    • Air Conditioning
    • Electric
  • Utilities:
    • Sanitary Sewer to Site
    • Water-Municipal
  • Zoning Type:
    • MULTI
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Barb Hibnick
Barb Hibnick
Broker
25884 East Route 83 Long Grove IL 60060
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42.0897 -87.99705

1114 West HAWTHORNE Street Arlington Heights, IL 60005

260455933 42.0897 -87.99705 129 /listing/260455933-150273699/1114-west-hawthorne-street-arlington-heights-il-60005 False 0 3700000.0 105 10612053 False
  • $3,700,000
  • 1.22 lot
  • Est payment $19862.4/mo