$500,000
$499,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 07/25/2022
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11383018
Sold Date 07/25/22
Bedrooms 5
Year Built 1920
Annual Tax Amount $11,186
Tax Year 2021
Lot Dimensions 50X100
Property Description
Great location, centrally located 4 unit rental building in the business district of downtown Highwood. Original Fort Sheridan Medical Office building, moved to the current location in the 1920's. Features Hardwood floors, windows replaced in the last 20 years, apartments updated in the last 20 years. Newer appliances. Newer water service to the street. Ample parking with 6 spaces behind the building & 3 spaces along the alley. 1st Floor: owner occupied, features 2 bedrooms, 1 bathroom, large living room & dining room, large eat-in kitchen. 2nd Floor Front Unit: is a large studio with one bath and kitchen. 2nd Floor Back Unit #3: 1 bedroom, living room, 1 bathroom, large eat-in kitchen. 3rd Floor Unit #4: Large 1 bedroom, living room, eat-in kitchen and 1 bathroom. Current rents are under market: #1 is owner occupied - could rent for $1,250 +, #2 is $700 on a month to month lease, #3 is $725 with a lease through 12/31/22, #4 is $750 with lease through 5/31/22. See Cory for additional details. 24 hour notice required for current tenants.
Location
State IL
County Lake
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas, Electric, Forced Air, Steam, Radiator(s)
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Asphalt
Parking Type Unassigned, Off Alley
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
Elementary Schools Wayne Thomas Elementary School
Middle Schools Northwood Junior High School
High Schools Highland Park High School
School District 112, 112, 113
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Jason Dell • @properties Christie's International Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "