Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 Hawthorne Street, Arlington Heights, IL
Previous View the Previous slide Next View the next slide

1114 Hawthorne Street,

Arlington Heights, IL $3,900,000

$3,900,000

23,200 Sqft
1.22 Acres

PERFECT TURN KEY INVESTMENT. Four "California designed" buildings, each contains 8 units, laundry room and separate storage room. Tenants pay their own electricity ! Rare opportunity to own a great professional property managed Investment property. 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 rents are below the local 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 and 2020), majority of apartments completely remodeled including new S/S kitchen appliances, new LED exterior lighting fixtures, security camera's.

Facts & Features
MLS® # 10612053
Price $3,900,000
Square Footage 23,200
Acres 1.22
Year Built 1968
Type Commercial
Sub-Type Multi Family 5+
Status Active
Community Information
Address 1114 Hawthorne Street
Area Arlington Heights
City Arlington Heights
County Cook
State IL
Zip Code 60005
Amenities
Amenities Curbs and Gutters, Lighting/Exterior, Sidewalks, Other, Cable Ready
Utilities Sanitary Sewer to Site, Water-Municipal
Parking Spaces 44
Is Waterfront No
Has Pool No
Interior
Heating Gas, Central Bldg Heat, Hot Water, Baseboard
Cooling Wall Sleeve
Fireplace No
Stories 2
Has Basement No
Exterior
Exterior Brick
Roof Flat, Pitched
Construction Brick, Concrete Block
Foundation Concrete
Additional Information
Zoning MULTI
Foreclosure No
Short Sale No
Listing Details
Office Baird & Warner
Photo of Mary Wallace

Mary Wallace

Office: 708-529-9009
Cell: 708-203-1412

Midwest Real Estate Data LLC Logo 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 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. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Listing information last updated on February 28th, 2020 at 5:05am CST.

What's Your Home Worth? Find out now, for Free.

Let's Go