***FOR FASTEST RESPONSE PLEASE CALL OR TEXT THE AGENT LISTED ON THE DEAL***
Ben Toaff's Deal! (Instagram: AmericasTopWholesaler)
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Property Address:
3033 Chicago Rd, South Chicago Heights, IL 60411
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Summary
Commercial property that has 2 businesses and 2 residential apartments upstairs. The downstairs has two businesses that are curently under lease until September ($2550/m) as a SPA/Tanning shop. The upstairs holds both the occupied apartments, their details goes as follows: 2 bed/2 bath currently rented out at $1100.00 month to month, and a 1 bed/1 bath currently rented out at $800.00 month to month. Estimating 35% for expenses puts you at a 10% cap rate. (58 dollars per foot of building space). Property will be sold with clear title.
TOTAL MONTHLY RENEVUE: $4,450.00 (with potential to raise!)
CALL MICHAEL: 954-864-7904
Property Details
- Electrical: Good condition
- Plumbing: Good condition
- HVAC: Three AC's, one is 1 year old, one is 10 years old, the third is unknown age
- Roof: Two roofs, one is 3 years old, second roof is less than 10 years old
Asking Price: 250K
CALL MICHAEL: 954-864-7904
-Showing Instructions: Appointment Only!!
-cash or hard money only
-sight unseen offers always prioritized.
-Must close with seller title company
-Buyer pays all closing costs
-Deal not final until EMD is received.
-Inspections done prior to contract. (Zero day inspection period)
-Realtors/wholesalers add commission to our asking price.
-We DO NOT work with Keyglee & New Western
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