Contact us by emailInfo@InfinitiProperties.net
    Contact us by Phone(708) 206-3000

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12625 S Lincoln Street

Active Under Contract
  • $699,900
  • Property Type: Commercial Sale
  • Location: Calumet Park
  • Lot Sq Ft: 0.070 acres
  • Acres: 0.070
  • Description
  • Details
  • Photos

16 unit building in the heart of Calumet Park IL. Studio and 1 bedroom units. High occupancy with gross monthly income of $11,000. SELLER FINANCING available with minimum 30% down

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Price: $699,900
Address:12625 S Lincoln Street
City:Calumet Park
County:Cook
State:Illinois
Zip Code:60827
MLS:11414299
Year Built:1964
Acres:0.070
Lot Square Feet:0.070 acres
actualStatus:Contingent
contingency:Attorney/Inspection
currentUse:Multi-Family
electricexpense:600
frontagetype:City Street
fuelexpense:4800
grossincome:132000
grossscheduledincome:132000
insuranceexpense:4500
lotsizedimensions:124X25
lotsizesquarefeet:3100
mlsareamajor:Calumet Park
mlsstatus:Contingent
mrdAag:Older
mrdB78:yes
mrdBoardnum:10
mrdConttoshow:No - has seller written direction
mrdDoccount:1
mrdEls:Owner Projection
mrdEpy:2020
mrdExt:Brick
mrdFus:Owner Projection
mrdHvt:Forced Air
mrdIdx:Y
mrdInfo:List Broker Must Accompany
mrdIss:Owner Projection
mrdManXps:OP
mrdMc:Active
mrdNoy:2020
mrdOa:No
mrdOes:Owner Projection
mrdOwt:Sole Proprietor
mrdRps:Owner Projection
mrdScs:Owner Projection
mrdSmi:11000
mrdTmf:Corridor-Exterior Entrance
mrdWts:Owner Projection
netoperatingincome:104778
numberofunitstotal:16
operatingexpense:14700
parkingtotal:20
possibleUse:Condominium, Multi-Family
propertyType:Multi Family 5+
purchasecontractdate:2022-06-03T00:00:00+00:00
stories:2
taxannualamount:12326
taxyear:2020
tenantpays:Electricity
township:Calumet
watersewerexpense:4800
12625 S Lincoln Street

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About Us

Started in 1991, Infiniti Properties Inc. was mainly a property management company - buying and managing over 100 units all over the southern suburbs of Chicago. With the addition of our newest office in Chicago, Infiniti Properties Inc. now has 3 locations to best serve your needs. Our other offices are located in Orland Park and Homewood Illinois. Managing Broker Mark McGee and a staff of over 160 agents, are experienced and ready to help you purchase or sell your next property.

Contact Us

Contact us by Phone(708) 206-3000
Info@InfinitiProperties.net
Our Preferred Lender:

Preferred Rate
Nicole Lambros
(708) 935-2252
(708) 687-0200
nicole.lambros@preferredrate.com
15341 S. 94th Ave., Suite 101 Orland Park, IL 60462 Branch License Number 1988316
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