398 West Lincoln Highway

Chicago Heights, IL 60411

$65,000
Price
7
Beds
5
Baths
3,650 Sq. Ft.
$18 / Sq. Ft.
3,650
Sq. Ft.
$18
per Sq. Ft.

Description

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,...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
  1. Listed by Gayvonne Giwa • eXp Realty, LLC

Property Details for 398 West Lincoln Highway

Area
Chicago Heights
Township
Bloom
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
8.0
Heat/Fuel
None
LISTING UPDATED: 11/21/2024 12:06 AM

Property Details for 398 West Lincoln Highway

StatusActive
MLS #12185906
Days on Market45
Taxes$7,129 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Story Unit/S
Year Built1927
Lot Size0.29 AC / 12,588 SF
CountyCook County

Building Information for 398 West Lincoln Highway

Stories-Residences3Year Built1927Building Size-Lot Size0.29 AC / 12,588 SF

Property Information for 398 West Lincoln Highway

General Information
School Information
  • Elementary School District: 170
  • Elementary School: Chicago Heights Middle School
  • High School District: 170
  • Middle Or Junior School District: 170
Addtl Parking Information
  • Garage Details: None/NA
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Visitor Parking
  • Parking On Site: true
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 7
  • Basement Description: Slab
  • Basement Bathrooms: No
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Description: Irregular
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: .289
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 17
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0

Property History for 398 West Lincoln Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 398 West Lincoln Highway

Taxable ValueLand$4,093Additions$14,162Total$18,255
Tax Record2022$7,647 ($637 / month)
Home Facts
Baths3Total Finished SqFt3,650 SqFtAbove Grade Finished SqFt3,650 SqFtStories2Lot Size12,596 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN32-19-402-007Fireplace TypeHas Fireplace

Schools near 398 West Lincoln Highway

This home is within Bloom Twp Hsd 206 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Chicago Heights Middle School
Public6 to 8

Bloom High School
Public9 to 12

Dist 206 Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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398 West Lincoln Highway is a multi-family home for sale in Chicago Heights, IL 60411. This property was listed for sale on October 10, 2024 by eXp Realty, LLC, it's currently listed at $65,000. It has been on the market for a total of 45 days and was last sold on October 6, 2016. This listing's school districts are Bloom Twp Hsd 206 School District, Chicago Heights School District 170. Nearby schools include Roosevelt Elementary School, Chicago Heights Middle School and Bloom High School. 398 West Lincoln Highway is a 7-bed, 5-bath, 3,650 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/21/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.