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37 W 14th Pl
Chicago Heights, IL 60411
Immeuble residentiel Propriété À vendre
·
6 Unités
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Faits saillants de l'investissement
- 20-unit multifamily portfolio located across Chicago Heights and Sauk Village
- Convenient access to I-394, I-57, and U.S. Route 30 providing connectivity throughout the greater Chicago metropolitan area
- Value-add opportunity at 37-39 W. 14th Place, where many units have not yet undergone the same level or renovation as the remainder of the portfolio
Résumé de l'annonce
37-39 W. 14th Place is a well-located 6-unit multifamily property situated in Chicago Heights, just off Route 30 - Lincoln Highway with convenient access to retail corridors, public transportation, and major south suburban employment centers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and nearby industrial and logistics hubs that continue to support workforce housing demand throughout the area.
The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one-bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuckpointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric.
The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.
The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one-bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuckpointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric.
The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.
Faits sur la propriété
| Prix par unité | 127 441 $ CAD | Taille du lot | 0,15 AC |
| Type de vente | Investissement | Taille du bâtiment | 7 854 pi² |
| Nombre d’unités | 6 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 1923 |
| Classe d’immeuble | B | Ratio de stationnement | 1/1 000 pi² |
| Zonage | R | ||
| Prix par unité | 127 441 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | B |
| Taille du lot | 0,15 AC |
| Taille du bâtiment | 7 854 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 3 |
| Année de construction | 1923 |
| Ratio de stationnement | 1/1 000 pi² |
| Zonage | R |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 6 | - | - |
Impôts fonciers
| Numéro de lot | 32-20-400-037-0000 | Évaluation des bâtiments | 34 975 $ CAD |
| Évaluation du terrain | 3 308 $ CAD | Évaluation totale | 38 283 $ CAD |
Impôts fonciers
Numéro de lot
32-20-400-037-0000
Évaluation du terrain
3 308 $ CAD
Évaluation des bâtiments
34 975 $ CAD
Évaluation totale
38 283 $ CAD
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