SELLER FINANCING - 4 unit building - $59,900 - Dolton IL 60419 - $59,900 (Dolton)

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  • Price:$59,900
  • Address:E 142nd St & Chicago Rd, Dolton, IL 60419 (map)
  • Date Posted:07/30/16
  • Size (sq ft):4340
  • Description:

    142nd st and Chicago Rd, Dolton IL 60419 - Mixed Use 4380 sq ft -

    This is a great opportunity for rehabbers or buy and hold investors. Needs a $50,000 rehab.

    Property Description:
    Total of 4,380 sq ft.
    Taxes only $2,424/year!
    2-story brick mixed use building with flat-slanted roof.

    2 large 3 BR apartments with 9-feet ceilings on the second floor. 2nd floor needs gut rehab.
    2 store fronts currently combined into one. The 5 exterior doors can acomodate any floor configuration.
    3 gas and 4 electrical meters for individual tenants.
    Security and fire alarms systems should help lower insurance rates.
    Large, lit sign on a busy intersection for the business tenant. Plenty of municipal owned free parking available in the back.
    Programmable lit business sign in front.
    Building to be sold in AS-IS condition. Good opportunity to update building.
    Great income potential.
    Full unfinished basement with 1 exterior and 1 interior doors. Can be subdivided into storage units for extra income.
    3% to buyer broker (if any).

    Location Description:
    Just off the intersection of 142nd St and Chicago Rd in downtown Dolton.
    Only 1 mile (or 4 minutes) from the 137th Street Metra train station in Riverdale.
    Only 1.5 miles (or 4 minutes) from the Dolton Ave exit of I-94.
    Not too far from the site of the Family Dolton Center currently under construction.
    The building is conveniently located near shopping, dining, and banking in downtown Dolton.

    Priced at $69,900.
    Brokers welcome.
    Seller financing.

    Please, call 800-813-4270 x 105 or visit
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Ad ID: 146485
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