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  • Price$4,475,000
  • Sq. Ft.23,200
  • Acres1.22
  • Built1968

1114 Hawthorne Street, ARLINGTON HEIGHTS

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+
  • StatusRe-activated

Amenities

  • AmenitiesCurbs and Gutters, Lighting/Exterior, Sidewalks, Other, Cable Ready
  • UtilitiesSanitary Sewer to Site, Water-Municipal
  • Parking Spaces44

Exterior

  • ExteriorBrick
  • RoofFlat, Pitched
  • ConstructionBrick, Concrete Block
  • FoundationConcrete

Listing Details

  • Listing OfficeBaird & Warner

Community Information

  • Address1114 Hawthorne Street
  • AreaArlington Heights
  • CityARLINGTON HEIGHTS
  • CountyCook
  • StateIL
  • Zip Code60005

Interior

  • HeatingCentral Bldg Heat, Gas, Hot Water, Baseboard
  • CoolingWall Sleeve
  • Stories2

Additional Information

  • ZoningMULTI

Price Change History for 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL (MLS® #10451078)

Date Details Price Change
Re-activated
Contingent
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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 deemed reliable but not guaranteed.

Listing information last updated on September 18th, 2019 at 12:06am CDT.