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7111 170th Street

Tinley Park, IL 60477
  • $519,900
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • MLS #: 11665742
Under Contract
UPDATED: 66 min ago
$519,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Six unit multifamily that consists of three 2-Bedroom 1 Bath Units, and, three-1 Bedroom 1-Bath units. Private parking lot with 9 spaces. Owner owned washer & dryer. Rents are below market and can be substantially raised for much higher income. All tenants are on M-M leases. * The building is in compliance with the Tinley Park requirement of a direct fire alarm and required sprinklers. A good opportunity for the wise investor.

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© 2022 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 2022-12-04T22:57:42.113 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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7111 170th Street Tinley Park, IL 60477

  • Price: $519,900
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 66 min ago
  • MLS #: 11665742
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Tinley Park
County:
Cook
Area:
Tinley Park
Property Description
Six unit multifamily that consists of three 2-Bedroom 1 Bath Units, and, three-1 Bedroom 1-Bath units. Private parking lot with 9 spaces. Owner owned washer & dryer. Rents are below market and can be substantially raised for much higher income. All tenants are on M-M leases. * The building is in compliance with the Tinley Park requirement of a direct fire alarm and required sprinklers. A good opportunity for the wise investor.
Exterior Features

Exterior Building Type Brick Parking Total 9

Interior Features

Heat Ventilation Central Bldg Heat Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Fire Protection Alarm MonitoredAlarm On SitePartially Sprinklered Gross Income 58741 Gross Scheduled Income 59741 Insurance Expense 2500 Maintenance Expense 1500 Mls Actual Status Contingent Net Operating Income 25541 Operating Expense 33200 Tax Annual Amount 19000 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 4895 Township Bremen Type Multi Family 5+ Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max 10: 708-429-4300.


© 2022 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 2022-12-04T22:57:42.113 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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