ClosedPrice Reduced

$65,000

$80,000
398 Lincoln Highway, Chicago Heights, IL 60411
7 Beds5 Baths55 days
398 Lincoln Highway·Chicago Heights, IL 60411
7Bedrooms
5Bathrooms
1927Year Built
About This Home

Cash Buyer Special: Fire-Damaged 2-4 Unit Mixed-Use Building This solid brick/frame mixed-use property is a rare gem for investors! With a new roof, new windows, fresh tuckpointing, and some framing already done, it's primed for a profitable redevelopment. The first floor offers potential versatile business space perfect for a variety of uses, including salon suites, daycare, retail Private boutiques, repair shop, insurance office, office space, or other commercial ventures. To sweeten the deal, city-approved architectural plans will be included with strong offers, giving you a head start on the rehab process. Don't miss this high-upside opportunity! Proof of funds required prior to viewing. Contact us today to schedule a viewing and seize this incredible investment! #InvestmentOpportunity #MixedUseBuilding #FireDamagedProperty #CashBuyers #RealEstateInvestor #OffMarketDeals #CommercialSpace #MultiUnitProperty #HighROI #FixAndFlip #ValueAddProperty #ChicagoRealEstate #InvestInRealEstate #RehabProperty #CommercialRealEstate #RealEstateDevelopment #SalonSuites #DaycareSpace #BrickFrameBuilding #ArchitecturalPlans #RealEstateInvestment

MLS# 12185906Listed October 10, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms5
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1927
Lot Size.289

Location

CountyCook
TownshipBloom
Zip Code60411

Financial

List Price$65,000
Original Price$80,000
Annual Taxes (2023)$7,129
Monthly Tax Est.$594
Parcel #32194020070000
Interior Features

Heating

None

Basement

None
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Porch

Lot Features

Irregular Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

No GarageOn SiteGarage OwnedDetachedUnassignedGuestGarage
Schools
Elementary
Chicago Heights Middle School
District: 170
Tax & Financial
Annual Taxes
$7,129
Tax Year 2023
Monthly Tax Est.
$594
per month
Price Reduced by $15,000
Original list price: $80,000
Property Location

398 Lincoln Highway, Chicago Heights, IL 60411 — Cook County

$65,000
398 Lincoln Highway
7 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
55 days on market
2-car garage
.289
$7,129/yr taxes
Price reduced $15,000
$936
estimated monthly payment
Principal & Interest
$342/mo
Property Tax
$594/mo
$65,000
20% — $13,000
3%50%
6.875%
3%12%
Loan Amount
$52,000
Down Payment
$13,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
eXp Realty, LLC
Agent: Gayvonne Giwa
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