1570 Burnham Ave
Calumet City, IL 60409
Coworking Space Property For Lease

Mixed Use MLS #: 10277538 List Price: $128,1281.00 Status: ACTV List Date: 02/20/2019 Orig List Price: $139,000.00 Area: 409 List Dt Rec: 02/20/2019 Sold Price: Address: 1570 Burnham Ave , Calumet City, IL 60409 Directions: RIDGE RD TO BURNHAM AVE, NORTH OF 170TH, ON WEST SIDE Sold by: List. Mkt Time: 23 Rented Price: Closed Date: Contract: Lease Price SF/Y: $12 Off Mkt Date: Concessions: Mthly. Rnt. Price: Township: Thornton Unincorporated: CTGF: Coordinates: Subdivision: Year Built: 1977 Built Before 78: Yes # of Stories: 3 Zoning Type: Other PIN #:30194110510000 (Map) Multiple PINs: Yes Actual Zoning: R-2 County:Cook Owners Assoc: No Relist: Lease Type: N/A Subtype: Apts/Ofc/Store Lease Terms: Lot Dimensions: 75X115 Estimated Cam/Sf: Land Sq Ft: 8625 Apx. Total SF: 4210 Est Tax per SF/Y: Remarks: "HIGH TRAFFIC AREA" Property has a 1st floor 800 sq ft Studio Available @ $800.00/Month Rent Plus security deposit W/vaulted ceilings and a gas fireplace, kitchenette, and a 3/4 bath and (RENTED) A split level 1500 sq ft (2nd and 3rd Floor) Apt 3 bedrooms and 3 baths living space, 1st floor 800 sq ft office with vaulted ceilings and a gas fireplace, kitchenette, and a 3/4 bath. 2nd level has kitchen, formal dining room, living room, and 1/2 bath. 3rd level WOW MASSIVE Master Suite with Bath and whirlpool tub and walk in closet with a closet. 2 additional bedrooms and a full bath @ $1,350/month, Adjacent to the home are 3 more business rental units and an attached 2 car garage with storage above. 2-1st Floor Office units are long time tenants. Income more than covers the taxes. 500 sq ft 1st Floor 2 Room Office Space Available @ $675.00/Month Rent with Reception Area 24' X 7' Waiting Area 7' X 18' Water, Sewer, and Garbage Included. Off street parking for business and personal use. $5,000 Earnest Monies due within 24 hours. Total # Units: 5 # Dishwashers: 1 # Disposals: Office SqFt: Total # Tenants: 3 # Washers: 1 # Fireplaces: 1 Manufacturing SqFt: Total # Apartments: 2 # Dryers: 1 # Refrigerators: 1 Retail SqFt: Total # Offices: 3 W/D Leased?: No # Window AC: Warehouse SqFt: Total # Stores: 0 # Ranges: Other SqFt: Approx Age:36-50 Years Type Ownership:Land Trust Frontage/Access:City Street Current Use: Potential Use: Client Needs: Client Will: Known Encumbrances: Location: Geographic Locale:South Suburban Construction:Brick Exterior:Brick Foundation: Roof Structure:Flat, Mansard Roof Coverings:Shingle Composition, Other Docks/Delivery: Misc. Outside: # Parking Spaces:12 Indoor Parking:1-5 Spaces Outdoor Parking:6-12 Spaces Misc. Inside:Multi-Tenant Floor Finish:Carpet, Tile Air Conditioning:Central Air, Central Individual Electricity:Separate Meters, 201-600 Amps Heat/Ventilation:Forced Air, Gas Fire Protection: Water Drainage: Utilities To Site:Electric to Site, Gas to Site, Water-Municipal Tenant Pays:Electric, Heat Equiptment: HERS Index Score: Green Disc: Green Rating Source: Green Feats: Backup Info: Sale Terms:Conventional, FHA Possession:Tenant's Rights Gas Supplier:Nicor Gas Electric Supplier:Commonwealth Edison Gross Rental Income: $16,200 Gross Rent Multiplier: 9.25 Total Annual Expenses: $13,715 Annual Net Operating Income: $2,485 Total Monthly Income: $1,350 Real Estate Taxes: $16,429 Expense Source: Owner Projection Net Operating Income Year: 2018 Total Annual Income: $16,200 Tax Year: 2017 Expense Year: 2018 Cap Rate: Fuel Expense ($/src): $0/ Electricity Expense ($/src): $0/ Water Expense ($/src): $0/ Scavenger Expense ($/src): $0/ Insurance Expense ($/src): $0/ Other Expense ($/src): $0/ Agent Remarks: Tenants Occupy First Floor Front and Middle Offices. Need 24 hours notice to show. Please call listing office at 708-895-1411 to schedule. Front office paying $920.00 Rent/Month-lease till 2/28/21! Middle office paying $632.50 Rent/Month-lease till 3/14/21! Both have 90 kick out clause. Currently waiting to hear back about renewal. $5,000 Earnest Monies Due with Approved Contract!! 2.5% Commission Paid on Net Sale Price. 3 Story 3 Bedrooms /3 Bathrooms 1500 sq ft Apartment Available @ $1,400.00/Month Rent W/3rd Floor-16'X20' Master Bedroom W/Bathroom, Hot Tub and 6'X12' Walk In Closet, 8' X 15' 2nd Bedroom with two closets, 15'X14' 3rd Bedroom, Large 2 sink Bathroom Located on the 2nd Floor-18'X15 Living Room W/Wood Floors, 12'X11' Dining Room W/Wood Floors 18'X10' Eat In Kitchen, Laundry W/Washer/Dryer. 1/2 Bath. 1st Floor office W/3/4 Bath & Kitchenette asking $800/month. 3 Total Pin #s With #30194110490000 and #30194110500000 Internet Listing: Yes Remarks on Internet?: Yes Agent Owned/Interest: No VOW AVM: No VOW Comments/Reviews: No Lock Box: None Listing Type: Exclusive Right to Sell Address on Internet: Yes Special Comp Info: None Coop Comp: AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT. Other Compensation: Call for Rent Roll Info: Information: 24-Hr Notice Required, Show-Call Listing Office Cont. to Show?: Expiration Date: 02/19/2020 Broker: Bogs Management, Inc. (21201) Ph #: (708) 895-1411 Team: List Agent: Les Bogs (230212) Ph #: (708) 895-1411 Email: lesliebogs@sbcglobal.net Agent Alt Ph #: (708) 895-1411 Agent Addn'l Info: