41.9753 -88.1977

561-564 DEERE PARK Circle Bartlett, IL 60103

247695566 41.9753 -88.1977 129 /listing/247695566-150083094/561-564-deere-park-circle-bartlett-il-60103 False 0 23000000 101 10482654 False
  • $23,000,000
  • 11.02 lot
  • Est payment $123468.97/mo

Property & Neighborhood Info

Courtesy Of American Realty Services, Inc.

Commercial in Bartlett

Financing with all third party inspections done available to qualified buyer. Asking Price 9.37 Times Gross Income! Bartlett Lake Financing Apartment Complex consists of four 4 story elevator buildings built on 11.02 acres. There are 136 2 bedroom apartments and 56 1 bedroom apartments. Average size of apartments is 850 sqft. There are 350+ parking spaces. The property boasts a playground and recently totally refurbished swimming pool10.78 acres located on the corner of Lake St (Route 20) and Bartlett Rd in Bartlett Illinois 1/4 mile from train and near new Elgin O"Hare exit.

Courtesy Of American Realty Services, Inc.
  1. 11.02 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1971
  • Floors: 4
  • County: Cook
  • Taxes: $303,000.00
  • Tax Year: 2017
  • Units: 192
  • Zoning: MULTI
  • MLS Number:10482654

Additional Features

  • Cooling:
    • Wall Sleeve
  • Approx Age:
    • 36-50 Years
  • Construction Materials:
    • Brick
  • Type:
    • Multi Family 5+
  • Exterior:
    • Brick
  • Heating System:
    • Gas
    • Hot Water
  • Township:
    • Hanover
  • Broker Owned:
    • No
  • Gross Income:
    • 2388552
  • Monthly Income:
    • 1000
    • 199046
  • Net Operating Income:
    • 13568
  • CDOM:
    • 51
  • Special Information:
    • 24-Hr Notice Required
  • Status Detail:
    • Active
  • Tenant Pays:
    • Electricity
  • Board Code:
    • 10
  • Building Area Total:
    • 195216
  • Cap Rate:
    • 6
  • Document Count:
    • 0
  • Electric Exp:
    • 28000
  • Fuel Exp:
    • 70000
  • Gross Scheduled Income:
    • 238855
  • Insurance Exp:
    • 125000
  • Lot Size Acres:
    • 11.02
  • Lot Size Square Feet:
    • 469576
  • Maintenance Exp:
    • 98000
  • Number Of Ranges:
    • 192
  • Number Of Refrigerators:
    • 192
  • Operating Expense:
    • 1095134
  • Other Exp:
    • 15932
  • Parcel Number:
    • 06274030140000
  • Parking Total:
    • 350
  • Possession:
    • Closing
  • Trash Expense:
    • 15800
  • Unit 1 Bed Rooms:
    • 2
  • Unit 1 Rooms:
    • 5
  • Unit 2 Bed Rooms:
    • 2
  • Unit 2 Rooms:
    • 4
  • Unit 3 Bed Rooms:
    • 1
  • Unit 3 Rooms:
    • 4
  • Unit 4 Bedrooms:
    • 0
  • Unit 4 Rooms:
    • 0
  • Unit 5 Bedrooms:
    • 0
  • Unit 5 Rooms:
    • 0
  • Unit 6 Bedrooms:
    • 0
  • Unit 6 Rooms:
    • 0
  • Unit 7 Bedrooms:
    • 0
  • Unit 7 Rooms:
    • 0
  • Water Sewer Expense:
    • 110000
  • Lot Size Dim:
    • 11.02 ACRES
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Bud Steele
Bud Steele
Managing Broker
8200 w 185th St Suite H-15 Tinley Park IL 60487
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41.9753 -88.1977

561-564 DEERE PARK Circle Bartlett, IL 60103

247695566 41.9753 -88.1977 129 /listing/247695566-150083094/561-564-deere-park-circle-bartlett-il-60103 False 0 23000000 101 10482654 False
  • $23,000,000
  • 11.02 lot
  • Est payment $123468.97/mo