14145 Chicago Rd, Dolton IL 60419 - Mixed Use 4380 sq ft - $139,900
This is a great opportunity for rehabbers or buy and hold investors. Needs a $55k to $70k rehab. After the work is done the property would be worth about $330k.
Property Description:
Total of 4,380 sq ft.
Taxes only $2,454/year!
2-story brick mixed use building with flat-slanted roof.
Full unfinished basement with 2 exterior and 1 interior doors. Can be subdivided into storage units for extra income.
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.
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 $139,000. Brokers welcome.
Please, call 800-813-4270 x 105 or visit
<a href="http://www.inexpensiveproperties.com/index.php?action=listingview&listingID=8">www.InexepensiveProperties.com</a>
