1705 Vermont Street

    Blue Island, IL 60406
    • $390,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 10521619
    UPDATED: 37 min ago
    $390,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,200
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    Description

    Fully operational storage business. 30 storage lockers and 30 fenced lot car spaces allows $3800 monthly rental income potential. Plus a Huge 2600 Sq Ft 3 bedroom apartment rented for $1350 per month. Gives total monthly income of $5150. Low real estate taxes with residential unit of $9980. Great opportunity to live in a huge home and run your business right downstairs. Present business family operated for years. Owner looking to retire. 300 Sq Ft Private management office with 1/2 bath. Fully fenced lot for outside secure storage. Extra Acres of available land behind that back up to the canal at very good price too. Great potential for yacht storage.

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    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-10-17T08:51:04.013 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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    www.propertyconsultants.com/homes/99072115

    1705 Vermont Street Blue Island, IL 60406

    • Price: $390,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 10521619
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,200
    SQFT
    $75
    $/SQFT
    1976
    Built
    Neighborhood:
    Blue Island
    County:
    Cook
    Area:
    Blue Island
    Property Description
    Fully operational storage business. 30 storage lockers and 30 fenced lot car spaces allows $3800 monthly rental income potential. Plus a Huge 2600 Sq Ft 3 bedroom apartment rented for $1350 per month. Gives total monthly income of $5150. Low real estate taxes with residential unit of $9980. Great opportunity to live in a huge home and run your business right downstairs. Present business family operated for years. Owner looking to retire. 300 Sq Ft Private management office with 1/2 bath. Fully fenced lot for outside secure storage. Extra Acres of available land behind that back up to the canal at very good price too. Great potential for yacht storage.
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Lot Dimensions 90 X 130 Lot Sq Ft 12000 Number Of Parking Spaces 30 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Window Unit/S Fire Protection Fire Extinguisher/S Floor Finish Concrete Miscellaneous Inside Multi-TenantPrivate Restroom/SStorage Inside Number Of Apts 1 Number Of Offices 1 Number Of Ranges 1 Number Of Refrigs 1 Number Of Stores 2 Number Of Stories 2

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Current Use Commercial Electric Expense Source Actual Electrical Service Circuit Breakers Electricity Expense 1069 Expense Year 2017 Exterior Building Type Brick Fuel Expense 520 Fuel Expense Source Actual Geographic Locale Southwest Suburban Gross Rental Income Amount 60360 Heat Ventilation Ceiling UnitsForced AirGas Insurance Expense 3100 Insurance Expense Source Actual Lease Type Gross Miscellaneous Outside Security GateSecurity Lighting Net Oper Income Amount 33520 Net Operating Income Year 2017 Number Of Tenants 30 Other Expense Source Actual Other Expenses 11600 Owners Assoc YN No Possession Closing Potential Use CommercialIndustrial/MfgOffice And ResearchRetail Rental Price 0 Sale Terms Conventional Tax Year 2017 Taxes 9989 Tenant Pays ElectricHeat Total Annual Exp 26839 Total Annual Expense Source Owner Projection Total Annual Income 60360 Total Monthly Income 5030 Township Calumet Unincorporated YN Yes Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteSewer-Storm AvailableWater-Community Water Drainage Storm Sewers Water Expense 532 Water Expense Source Actual Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Residential.


    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-10-17T08:51:04.013 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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