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    24134 State Route 53 Highway

    Elwood, IL 60421
    • $879,900
    • STATUS: Active
    • ON SITE: 141 days
    • MLS #: 10846626
    UPDATED: 228 min ago
    $879,900
    • 0
      BEDS
    • 2.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 90,000
      SQFT
    • $10
      $/SQFT
    Neighborhood:
    Elwood
    Type:
    Commercial
    Built:
    1950
    County:
    Will
    Area:
    Elwood

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    Description

    INVESTORS LOOK AT THIS CASH COW! ON 2.6 ACRES OF COMMERCIAL PROPERTY WITH RESIDENTIAL PROPERTIES. LOCATED ON RT 53 AND ONLY 1/2 MILE FROM CHICAGOLAND SPEEDWAY. CURRENTLY HAS 3 SINGLE FAMILY HOMES, A DUPLEX APARTMENT ALL FULLY RENTED, 3 POLE BUILDINGS 42X60, 40X60 & 32X75 ALL WITH HEATED WORKSHOPS, 3 GARAGES AND A LOT MORE. IN-GROUND POOL, CITY WATER & SEWER. CAP RATE 10%. THIS WON'T LAST!

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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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-23T23:51:29.883 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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    24134 State Route 53 Highway Elwood, IL 60421

    • Price: $879,900
    • Status: Active
    • Updated: 228 min ago
    • MLS #: 10846626
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.65
    Acres
    90,000
    SQFT
    $10
    $/SQFT
    1950
    Built
    Neighborhood:
    Elwood
    County:
    Will
    Area:
    Elwood
    Property Description
    INVESTORS LOOK AT THIS CASH COW! ON 2.6 ACRES OF COMMERCIAL PROPERTY WITH RESIDENTIAL PROPERTIES. LOCATED ON RT 53 AND ONLY 1/2 MILE FROM CHICAGOLAND SPEEDWAY. CURRENTLY HAS 3 SINGLE FAMILY HOMES, A DUPLEX APARTMENT ALL FULLY RENTED, 3 POLE BUILDINGS 42X60, 40X60 & 32X75 ALL WITH HEATED WORKSHOPS, 3 GARAGES AND A LOT MORE. IN-GROUND POOL, CITY WATER & SEWER. CAP RATE 10%. THIS WON'T LAST!
    Exterior Features

    Frontage Type State Road Location Mixed Use Area Miscellaneous Outside CourtyardPatioSatellite DishSecurity LightingStorms And Screens (As Exist)Other Number Of Drive In Doors 4 Number Of TLDocks 1 Outdoor Parking 19-30 Spaces Parking Total 25

    Interior Features

    Ceiling Hgt Max Ft 20 Ceiling Hgt Max In 20 Ceiling Hgt Min In 16 Cooling Central AirWindow Unit(S) Electric Circuit Breakers101-200 Amps Fire Protection None Heat Ventilation Ceiling UnitsForced AirGas Leasable Area 9000 Miscellaneous Inside Multi-TenantOverhead Door/SPrivate Restroom/SStorage InsideBasement

    Property Features

    Additional Parcels YN Yes Built Before1978 YN Yes Cap Rate 10 Current Use Commercial Existing Lease Type N/A Expense Year 2019 Geographic Locale Southwest Suburban Gross Income 108000 Gross Scheduled Income 108000 Lot Size Dimensions 300X385 Min Avail Sq Ft Rentable 3000 Net Operating Income Year 2019 Number Of Tenants 10 Operating Expense 20000 Possible Use CommercialConditional UseIndustrialOffice And ResearchMulti-FamilySingle Family Property Offered For Sale Only Tax Annual Amount 14000 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatSewerVaries By Tenant Total Monthly Income 9000 Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Vylla Home.


    © 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-23T23:51:29.883 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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    Bloomington IL, 61705