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$870,000   Price Analysis
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357 W Hawthorne Cir
Mount Prospect, IL 60056
9 bed 6 bath unknown SqFt ($0/SqFt)
2,304SqFt lot. Built 1978
Listed 2024-05-21, Taxes $12,960
Ⓧ USDA Ineligible
due to price & location

near Mount Prospect

357 W Hawthorne Circle is a 6-flat in the Oak Terrace association of Mount Prospect with strong in-place income.

* Has Contingent Offer *

The current monthly rent roll is $8, 000/month with the majority of units renovated. The property consists of three (3) one-bedroom units and three (3) two-bedroom units.

Additionally, the property features on-ste laundry providing additional income. Monthly association fees cover landscaping, snow plowing and trash. This is a exceptiona l investment opportunity in a high demand rental market.


Presented by Melissa Morgan at
Flats, Llc.


Property MLS #12062519 from MRED

Bedrooms: 9

Yes

Full Bathrooms: 6

1

Lot Size Acres: 0.0528926
Lot Size Square Feet: 2304

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 4
Total Rooms in Unit-5: 4
Unit-1 Description: Unit 1, Units Total: 1
Unit-2 Description: Unit 2, Units Total: 1
Unit-3 Description: Unit 3, Units Total: 1
Unit-4 Description: Unit 4, Units Total: 1
Unit-5 Description: Unit 5, Units Total: 1
Unit-6 Description: Unit 6, Units Total: 1
Unit-7 Description: Unit 7

Tenant Pays: Electricity

Annual Tax Amount: 13510.00
Source Listing Status: Active Under Contract
County: Cook
Directions: I-90 W to S Elmhurst Rd. Take exit 73 from I-90 W. Continue on S Elmhurst Rd to Mount Prospect.
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 08232010540000
Property Subtype: Multi Family 5+
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$42,940 + $2,419
$45,359
$12,960
2020$42,940 + $2,419
$45,359
$12,613
2019$50,325 + $2,419
$52,744
$13,328
2018$43,868 + $2,073
$45,941
$13,116
2017$43,868 + $2,073
$45,941
$13,154
2016$43,868 + $2,073
$45,941
$12,369
2015$28,891 + $1,843
$30,734
$8,873
2014$28,891 + $1,843
$30,734
$8,727
2013$28,891 + $1,843
$30,734
$8,523
2012$43,676 + $2,937
$46,613
$11,525
2011$43,676 + $2,937
$46,613
$10,957
2010$43,676 + $2,937
$46,613
$10,763
2009$43,751 + $2,995
$46,746
$9,997
2007$50,783 + $4,792
$55,575
$9,818
2006$47,005 + $4,055
$51,060
$9,623

Listed 2024-05-21
$870,000
MRED
Sold 2018-09-10
$2,650,000
Public Record
Sold 2001-10-03
$450,000
Public Record
Sold 1994-09-07
$261,500
Public Record
Sold 1990-05-01
$226,000
Public Record
Sold 1980-09-08
$33,500
Public Record

Net Operating Income: 69484

Year Built: 1978
Construction Materials: Brick
Property Age: 46
Levels or Stories: 3

Friendship Jr High School is a public middle school located approximately 0.8 miles away.
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Brentwood Elementary School is a public elementary school located approximately 1 miles away.
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Elk Grove High School is a public high school located approximately 3.3 miles away.
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St Zachary Elementary School is a private elementary and middle school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.