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    24134 State Route 53 Highway

    Elwood, IL 60421
    • $879,900
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 10846626
    UPDATED: 78 min ago
    $879,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 90,000
      SQFT
    • $10
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    INVESTORS LOOK AT THIS CASH COW! ON 2.6 ACRES OF COMMERCIAL PROPERTY WITH RESIDENTIAL PROPERTIES. LOCATED ON RT 53 AND ONLY 1/2 MILE FROM CHICAGOLAND SPEEDWAY. CURRENTLY HAS 3 SINGLE FAMILY HOMES, A DUPLEX APARTMENT ALL FULLY RENTED, 3 POLE BUILDINGS 42X60, 40X60 & 32X75 ALL WITH HEATED WORKSHOPS, 3 GARAGES AND A LOT MORE. IN-GROUND POOL, CITY WATER & SEWER. CAP RATE 10%. THIS WON'T LAST!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-21T23:50:16.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    24134 State Route 53 Highway Elwood, IL 60421

    • Price: $879,900
    • Status: Active
    • Updated: 78 min ago
    • MLS #: 10846626
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    90,000
    SQFT
    $10
    $/SQFT
    1950
    Built
    Neighborhood:
    Elwood
    County:
    Will
    Area:
    Elwood
    Property Description
    INVESTORS LOOK AT THIS CASH COW! ON 2.6 ACRES OF COMMERCIAL PROPERTY WITH RESIDENTIAL PROPERTIES. LOCATED ON RT 53 AND ONLY 1/2 MILE FROM CHICAGOLAND SPEEDWAY. CURRENTLY HAS 3 SINGLE FAMILY HOMES, A DUPLEX APARTMENT ALL FULLY RENTED, 3 POLE BUILDINGS 42X60, 40X60 & 32X75 ALL WITH HEATED WORKSHOPS, 3 GARAGES AND A LOT MORE. IN-GROUND POOL, CITY WATER & SEWER. CAP RATE 10%. THIS WON'T LAST!
    Exterior Features

    Frontage Access State Road Location Mixed Use Area Lot Dimensions 300X385 Lot Sq Ft 115500 Number Of Parking Spaces 25 Number Of TLDocks 1

    Interior Features

    Air Conditioning Central AirWindow Unit/S Ceiling Hgt Max Ft 20 Ceiling Hgt Max In 20 Ceiling Hgt Min Ft 16 Ceiling Hgt Min In 16 Fire Protection None Miscellaneous Inside Multi-TenantOverhead Door/SPrivate Restroom/SStorage InsideBasement Number Of Drive In Doors 4 Number Of Stories 2 Outdoor Parking 19-30 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electrical Service Circuit Breakers101-200 Amps Expense Year 2019 Geographic Locale Southwest Suburban Gross Rental Income Amount 108000 Heat Ventilation Ceiling UnitsForced AirGas Lease Type N/A Max Avail Sq Ft Rentable 9000 Min Avail Sq Ft Rentable 3000 Miscellaneous Outside CourtyardPatioSatellite DishSecurity LightingStorms And Screens (As Exist)Other Net Oper Income Amount 88000 Net Operating Income Year 2019 Number Of Tenants 10 Possession Closing Potential Use CommercialConditional UseIndustrial/MfgOffice And ResearchResidential-Multi-FamilyResidential-Single FamilyResidential Property Offered For Sale Only Sale Terms Conventional Tax Year 2019 Taxes 14000 Tenant Pays Air ConditioningElectricHeatWater/SewerVaries By Tenant Total Annual Exp 20000 Total Annual Expense Source Owner Projection Total Annual Income 108000 Total Monthly Income 9000 Township Jackson Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Vylla Home.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-21T23:50:16.317 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    eXp Realty
    1544 Shermer Road
    Northbrook IL, 60062