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    1906 Lake Street

    Melrose Park, IL 60160
    • $699,000
    • STATUS: Active
    • ON SITE: 538 days
    • MLS #: 10336687
    UPDATED: 65 min ago
    $699,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,635
      SQFT
    • $92
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY! 6 STOREFRONTS/OFFICES. CLOSE TO SHOPPING AND METRA STATION. ALSO INCLUDES 1 CAR GARAGE WITH 10' OVERHEAD DOOR AND FULL UNFINISHED BASEMENT. BUILDING HAS 1 STOREFRONT (A FLOWER SHOP) 4 OFFICES (DOCTOR, REAL ESTATE,INSURANCE COMPANY AND ONE SPACE IS VACANT) . 1800 Sqft SPACE ON BROADWAY AVE IS CURRENTLY FOR LEASE USE TO BE A FOOD MARKET . PROPERTY IS IN THE CENTER OF MELROSE PARK BUSINESS AREA. CORNER LOCATION.

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    © 2020 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 RE/MAX IMPACT. Based on information submitted to the MRED as of 2020-09-28T15:52:00.517 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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    1906 Lake Street Melrose Park, IL 60160

    • Price: $699,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 10336687
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,635
    SQFT
    $92
    $/SQFT
    1940
    Built
    Neighborhood:
    Melrose Park
    County:
    Cook
    Area:
    Melrose Park
    Property Description
    GREAT INVESTMENT OPPORTUNITY! 6 STOREFRONTS/OFFICES. CLOSE TO SHOPPING AND METRA STATION. ALSO INCLUDES 1 CAR GARAGE WITH 10' OVERHEAD DOOR AND FULL UNFINISHED BASEMENT. BUILDING HAS 1 STOREFRONT (A FLOWER SHOP) 4 OFFICES (DOCTOR, REAL ESTATE,INSURANCE COMPANY AND ONE SPACE IS VACANT) . 1800 Sqft SPACE ON BROADWAY AVE IS CURRENTLY FOR LEASE USE TO BE A FOOD MARKET . PROPERTY IS IN THE CENTER OF MELROSE PARK BUSINESS AREA. CORNER LOCATION.
    Exterior Features

    Construction Brick Frontage Access City StreetPublic RoadSignal Intersection Location Central Business DistrictPublic Transport Avail Lot Dimensions 53X125X131X93 Lot Sq Ft 6698 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central AirCentral Individual Fire Protection Alarm On Site Miscellaneous Inside Basement Number Of Drive In Doors 1 Number Of Stories 1

    Property Features

    Age Older Electric Expense Source Owner Projection Electrical Service Circuit Breakers101-200 Amps Electricity Expense 300 Expense Year 2019 Exterior Building Type Brick Financial Amounts For Total Building Rental Onl Yes Geographic Locale O'hareNorthwest Suburban Gross Rental Income Amount 112800 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Insurance Expense 4000 Insurance Expense Source Owner Projection Max Avail Sq Ft Rentable 7635 Min Avail Sq Ft Rentable 1875 Net Oper Income Amount 76224 Net Operating Income Year 2019 Number Of Tenants 4 Other Expense Source Owner Projection Other Expenses 2400 Possession Closing Potential Use CommercialRetail Property Offered For Sale Only Rental Price 0 Sale Terms Conventional Tax Year 2018 Taxes 29876 Tenant Pays ElectricHeatScavengerWater/Sewer Total Annual Exp 36576 Total Annual Expense Source Owner Projection Total Annual Income 112800 Total Monthly Income 9400

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Parks Homes Real Estate Inc.


    © 2020 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 RE/MAX IMPACT. Based on information submitted to the MRED as of 2020-09-28T15:52:00.517 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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