MLS® ID: 10417355
1510 East NORTHWEST Highway
Arlington Heights, Illinois, 60004 $1,100,000
Rare Arlington Heights 6 Flat Investment Opportunity close to Downtown in Sought after Windsor/South (District 25) & Prospect HS (District 214) Schools. Five Long-Term Tenants (between 10 & 25 years each). Great Cash Flow Opportunity or Condo Conversion. All Leases Expire March 31, 2020. All Brick Building & Fully Renovated Exterior. Attached 3 Car Heated (Separate Furnace) All-Brick Garage (2016), Roof (2019), & 400 Amp Service (2016). 2 Newer Converted Units (2016). Other Recent Updates include Windows (2014), Boiler (2009), and 3 Independent HVAC units (2018/19). Parking for 12; 3 Indoor Heated Garage & 9 Outdoor Spaces. Great Opportunity to Increase Cash Flow by Market Rate and/or Further Updating Units. $67K Cash Flow, 11.7 Gross Rental Multiplier & 6.1 Cap Rate. R-6 Multiple Family Dwelling. Pride of Ownership. Call now for a Private Showing!