$515,000
$549,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
2601 Commercial AVE South Chicago Heights, IL 60411
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11245100
Sold Date 01/20/22
Year Built 1964
Annual Tax Amount $18,136
Tax Year 2020
Lot Dimensions 9262
Property Description
Pleased to offer for sale this solid 12-unit multi-family building with approximately 7,800 SF of rentable area, located within the South Chicago Heights suburb of Chicago. The property contains (12) 1Bed/1Bath units (650 SF). The building is currently 100% occupied and privately managed by a third party. The property is priced for immediate sale at $45,750 per unit ($549,000) reflecting a capitalization rate of 9.46%. Additional photos available upon request.
Location
State IL
County Cook
Area South Chicago Heights
Interior
Fireplace N
Building
Level or Stories 2
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Bought with Stephen Harris • RE/MAX 10
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