Address
394 Lincoln Highway, Chicago Heights, IL
Price
$ 150,000
Property Attributes
  • MLS#11834841
  • TypeContingent
  • CountyCOOK
  • CityChicago Heights
  • AreaChicago Heights
  • Zip60411
  • Style
  • Year Built1926
  • Taxes$ 14809
  • Price$ 150,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5305
  • Lot Size0.378972 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great value add opportunity. Potential to add significant value with a few updates and touches. Close to many shops and restaurants with a large parking lot and spacious units.

Price History
7/18/2023 Listed $200,000
2/9/2024 25% - $150,000

General Features

Cooling Window Unit(s)
Zoning COMMR
Year Built 1926
Electric Service - 0 to 100 Amps
Tenant Pays Electricity
Stories 2
Township Bloom
Tax Year 2021
Gross Income 55680
County Cook
Net Operating Income 28920
Operating Expense 25357
Insurance Expense 2600
Property Type Commercial Sale
Contingency Short Sale
Status Contingent
Directions South on Lincoln Highway,West of Ashland Ave
City Chicago Heights
Total Units 5
MLS Area Chicago Heights
Lot Size Square Feet 16508
Street Name Lincoln
Tax Annual Amount 14809
Electric Expense 1589
Fuel Expense 5922
Trash Expense 2483
Water Sewer Expense 507
Additional Parcels Y/N Yes
Days on Market 219
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Total Fireplaces 2
Street Suffix Highway
Basement Finished

Exterior Features

Building Area Total 5305
Lot Dimensions 118X128
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60411

Price
AVG $190K
$150K
Taxes
AVG $4,164
$14,809
Visits
AVG 220
1057
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1926
Walkscore
AVG 55
67
Data Provided by Walkscore® not using MLS data

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