1114 Hawthorne Street, ARLINGTON HEIGHTS

$4,475,000

0 Beds
0 Baths
23,200 Sqft
1.22 Acres
0 Garages

PERFECT TURN KEY INVESTMENT. 4 "California designed" buildings, each contains 8 units, laundry room and separate storage room. Tenants pay their own electricity ! Rare opportunity to purchase this professionally Property Management buildings. 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 rates are below 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), majority of apartments completely remodeled including new S/S kitchen appliances, new ext LED light fixtures, sec cam's(

Essential Information
MLS® #10451078
Price$4,475,000
Square Footage23,200
Acres1.22
Year Built1968
TypeCommercial
Sub-TypeMulti Family 5+
StatusActive
Community Information
Address1114 Hawthorne Street
AreaArlington Heights
CityARLINGTON HEIGHTS
CountyCook
StateIL
Zip Code60005
Amenities
Parking Spaces44
Amenities

Curbs and Gutters, Lighting/Exterior, Sidewalks, Other, Cable Ready

Utilities

Sanitary Sewer to Site, Water-Municipal

Interior
CoolingWall Sleeve
Stories2
Heating

Central Bldg Heat, Gas, Hot Water, Baseboard

Exterior
ExteriorBrick
RoofFlat, Pitched
ConstructionBrick, Concrete Block
FoundationConcrete
Additional Information
ZoningMULTI
Listing Details
OfficeBaird & Warner
Property History
Status Changed from New to Active
LISTING MAP

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Listing information last updated on August 18th, 2019 at 10:20am CDT.

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