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1114 Hawthorne Street, ARLINGTON HEIGHTS, IL

$4,475,000 - $4.5M Price - 23,200 Sqft - 1.22 Acres

PERFECT TURN KEY INVESTMENT. 4 "California designed" buildings, each contains 8 units, laundry room and separate storage room. Tenants pay their own electricity ! Rare opportunity to purchase this professionally Property Management buildings. 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 rates are below 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), majority of apartments completely remodeled including new S/S kitchen appliances, new ext LED light fixtures, sec cam's(

Essential Information

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • MLS® # 10451078
  • Price $4,475,000
  • Square Footage 23,200
  • Acres 1.22
  • Year Built 1968
  • Type Commercial
  • Sub-Type Multi Family 5+
  • Status Active

Community Information

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • Address 1114 Hawthorne Street
  • Area Arlington Heights
  • City ARLINGTON HEIGHTS
  • County Cook
  • State IL
  • Zip Code 60005

Amenities

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • Parking Spaces 44

Amenities

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL

Curbs and Gutters, Lighting/Exterior, Sidewalks, Other, Cable Ready

Utilities

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL

Sanitary Sewer to Site, Water-Municipal

Interior

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • Cooling Wall Sleeve
  • Stories 2

Heating

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL

Central Bldg Heat, Gas, Hot Water, Baseboard

Exterior

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • Exterior Brick
  • Roof Flat, Pitched
  • Construction Brick, Concrete Block
  • Foundation Concrete

Additional Information

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • Zoning MULTI

Listing Details

For 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL
  • Office Baird & Warner

Price Change History for 1114 Hawthorne Street, ARLINGTON HEIGHTS, IL (MLS® #10451078)

Date Details Change
Status Changed from New to Active

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Listing information last updated on August 19th, 2019 at 4:20am CDT.