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    12510 S Lincoln Street

    Calumet Park, IL 60827
    • $960,000
    • STATUS: Active
    • ON SITE: 207 days
    • MLS #: 10860555
    UPDATED: 14 min ago
    $960,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    Description

    2016-2019 gut rehab - 7.6% cap based on 2019 expenses - please see "Additional Information" for offering memorandum. Part of 4 bldg 52 unit portfolio that includes: 12500 S. Lincoln (16 units), 1200 W. 127th (12 units), and 1234 W. 127th (8 units). Portfolio is $3,120,000, or $60,000/unit. Eight two-bedrooms, 28 one-bedrooms, and 16 studios.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T11:53:58.757 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    12510 S Lincoln Street Calumet Park, IL 60827

    • Price: $960,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 10860555
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1965
    Built
    Neighborhood:
    Calumet Park
    County:
    Cook
    Area:
    Calumet Park
    Property Description
    2016-2019 gut rehab - 7.6% cap based on 2019 expenses - please see "Additional Information" for offering memorandum. Part of 4 bldg 52 unit portfolio that includes: 12500 S. Lincoln (16 units), 1200 W. 127th (12 units), and 1234 W. 127th (8 units). Portfolio is $3,120,000, or $60,000/unit. Eight two-bedrooms, 28 one-bedrooms, and 16 studios.
    Exterior Features

    Outdoor Parking 19-30 Spaces Parking Total 12

    Interior Features

    Heat Ventilation Central Bldg HeatGasBaseboard Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 8 Number Of Refrigs 8 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 3 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 8 Number Of Units Apt Type2 8 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 7.6 Electric Expense 627 Expense Year 2019 Fuel Expense 5383 Gross Income 119700 Gross Scheduled Income 116109 Insurance Expense 3498 Janitor Expense 3250 Lot Size Dimensions 100X150 Maintenance Expense 3200 Monthly Income Max1 725 Monthly Income Max2 650 Net Operating Income Year 2019 Operating Expense 21606 Other Expense 0 Tax Annual Amount 21829.5 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 9975 Trash Expense 0 Type Multi Family Garden Complex Water Sewer Expense 5648 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of First Western Properties.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T11:53:58.757 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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