Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
Listing photo for 1114 West Hawthorne Street, Arlington Heights, IL
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1114 West Hawthorne Street,

Arlington Heights, IL $3,700,000

$3,700,000

1.22 Acres

No fears here. The Covid-19 epidemic had almost no affect financially, with 90.4 % April full rent collect, and 100% May rent collected. 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 $3,700,000
Acres 1.22
Year Built 1968
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent
Community Information
Address 1114 West Hawthorne Street
Area Arlington Heights
City Arlington Heights
County Cook
State IL
Zip Code 60005
Amenities
Parking Spaces 44
Exterior
Exterior Brick
Roof Membrane,Rubber
Foundation Concrete Perimeter
Additional Information
Days on Market 181
Zoning MULTI
Listing Details
Office Baird & Warner
Photo of Mary Wallace

Mary Wallace

Cell: 708-203-1412

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Listing information last updated on July 13th, 2020 at 3:01pm CDT.

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