Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
4 Properties Within 0.5 miles of: 1510 E Northwest, Arlington Heights

1510 E Northwest
Arlington Heights, IL 60004

  • Built In 1970
Price

$1,000,000

Est Payment
$7,315 / month (details)  
Taxes
$18,441  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
100' X 300'  
Built
1970  
Neighborhood
Arlington Heights  
MLS
#10417355
Status
Sold (12/16/2019)

Property Description

Rare Arlington Heights 6 Flat Investment Opportunity close to Downtown in Sought after Windsor/South (District 25) & Prospect HS (District 214) Schools. Five Long-Term Tenants (between 10 & 25 years each). Great Cash Flow Opportunity or Condo Conversion. All Leases Expire March 31, 2020. All Brick Building & Fully Renovated Exterior. Attached 3 Car Heated (Separate Furnace) All-Brick Garage (2016), Roof (2019), & 400 Amp Service (2016). 2 Newer Converted Units (2016). Other Recent Updates include Windows (2014), Boiler (2009), and 3 Independent HVAC units (2018/19). Parking for 12; 3 Indoor Heated Garage & 9 Outdoor Spaces. Great Opportunity to Increase Cash Flow by Market Rate and/or Further Updating Units. $67K Cash Flow, 11.7 Gross Rental Multiplier & 6.1 Cap Rate. R-6 Multiple Family Dwelling. Pride of Ownership. Call now for a Private Showing!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-14-2019 Listed at $1,250,000
07-03-2019 Price decreased by $100,000 to $1,150,000
08-30-2019 Price decreased by $50,000 to $1,100,000
10-17-2019 Status changed to Under Contract
12-17-2019 Status changed to Closed
12-16-2019 Sold at $1,000,000
Last Modified 12/17/19 9:39 AM

Nearby Transportation

  • Union Pacific Northwest 1.2 mi
  • I 90 West 2.5 mi
  • I 90 East 2.6 mi
  • Hwy 53 North 3.0 mi
  • Hwy 53 South 3.1 mi
  • I 290 West 4.0 mi
  • I 290 East 4.5 mi
grid
Register to see 0 more properties