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579 Wentworth Avenue

Calumet City, IL 60409
  • $279,900
  • STATUS: Active Under Contract
  • ON SITE: 63 Days
  • MLS #: 11707124
Under Contract
UPDATED: 42 min ago
$279,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Calumet City
Type:
Commercial
Built:
1924
County:
Cook
Area:
Calumet City

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Description

Attention ALL INVESTORS!! LOCATED AT THE CORNER OF WENTWORTH & MEMORIAL. THIS WELL CARED FOR BRICK 6 UNIT BUILDING WITH MANY LONG-TERM TENANTS. THE BUILDING INCLUDES 4-2 BEDROOM AND 2-1 BEDROOM APARTMENTS. THIS BUILDING HAS BEEN TOTALLY REBRICKED AND TUCKPOINTED IN 2021, AND ALSO 2 NEW LOWER ROOFS IN 2021. ALL UNITS ARE IN GOOD CONDITION AND INCLUDE WOOD CABINETS IN THE KITCHENS. PROPERTY HAS 2 ADDRESSES. THE SIDE ENTRANCE ADDRESS IS 143 MEMORIAL & INCLUDES 2 APARTMENTS. OWNER PAYS THE HEAT FOR THESE 2 UNITS. THE WENTWORTH ENTRANCE HAS 4 APARTMENTS . THESE UNITS ALL HAVE INDIVIDUAL HEATING & TENANTS PAY THEIR HEAT. ALL TENANTS PAY ELECTRIC. THERE IS A GARAGE ON THE PROPERTY BUT IS NOT BEING USED. THERE IS GROWTH IN THE RENTS IF THE NEW OWNER WANTS TO INCREASE THEM. ALSO EXTRA INCOME IN GARAGE USE AND LAUNDRY. PROPERTY BEING SOLD IN AS IS CONDITION. Tax appeal has been granted to reduce tax by $1,356.90. An additional appeal is underway.

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© 2023 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 2023-03-30T13:01:00.47 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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579 Wentworth Avenue Calumet City, IL 60409

  • Price: $279,900
  • Status: Active Under Contract
  • On Site: 63 Days
  • Updated: 42 min ago
  • MLS #: 11707124
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1924
Built
Neighborhood:
Calumet City
County:
Cook
Area:
Calumet City
Property Description
Attention ALL INVESTORS!! LOCATED AT THE CORNER OF WENTWORTH & MEMORIAL. THIS WELL CARED FOR BRICK 6 UNIT BUILDING WITH MANY LONG-TERM TENANTS. THE BUILDING INCLUDES 4-2 BEDROOM AND 2-1 BEDROOM APARTMENTS. THIS BUILDING HAS BEEN TOTALLY REBRICKED AND TUCKPOINTED IN 2021, AND ALSO 2 NEW LOWER ROOFS IN 2021. ALL UNITS ARE IN GOOD CONDITION AND INCLUDE WOOD CABINETS IN THE KITCHENS. PROPERTY HAS 2 ADDRESSES. THE SIDE ENTRANCE ADDRESS IS 143 MEMORIAL & INCLUDES 2 APARTMENTS. OWNER PAYS THE HEAT FOR THESE 2 UNITS. THE WENTWORTH ENTRANCE HAS 4 APARTMENTS . THESE UNITS ALL HAVE INDIVIDUAL HEATING & TENANTS PAY THEIR HEAT. ALL TENANTS PAY ELECTRIC. THERE IS A GARAGE ON THE PROPERTY BUT IS NOT BEING USED. THERE IS GROWTH IN THE RENTS IF THE NEW OWNER WANTS TO INCREASE THEM. ALSO EXTRA INCOME IN GARAGE USE AND LAUNDRY. PROPERTY BEING SOLD IN AS IS CONDITION. Tax appeal has been granted to reduce tax by $1,356.90. An additional appeal is underway.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Parking Total 0 Roof Tar And Gravel Roof Structure FlatPitched

Interior Features

Basement Unfinished Cooling None Heat Ventilation Forced AirGas Miscellaneous Inside Storage Inside Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4784 Built Before1978 YN Yes Contingency Financing Continue To Show Yes Current Use Multi-Family Electric Circuit BreakersService - 101 To 200 Amps Gross Income 60960 Gross Scheduled Income 60960 Insurance Expense 2500 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 53560 Operating Expense 7400 Ownership Types Individual Possible Use Multi-Family Tax Annual Amount 19178 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 5080 Township Thornton Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Rice Property Management & Realty L.L.C.: 708-862-7423.


© 2023 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 2023-03-30T13:01:00.47 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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