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$249,000
Est. payment /mo
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12717424
Bedrooms 8
Year Built 1883
Annual Tax Amount $4,359
Tax Year 2024
Lot Dimensions 4025
Property Sub-Type Two to Four Units
Property Description
Exceptional multi-family investment opportunity in desirable Chicago Heights. This well-maintained 3-flat sits on a valuable corner lot and generates impressive returns for savvy investors. Property Highlights: 3 residential units with consistent tenant occupancy Strong annual rental income Recently renovated top-floor 4-bedroom unit with updated finishes Two 2-bedroom units featuring original hardwood floors throughout 2-car detached garage for tenant parking/storage Corner lot location with strong visibility Low annual property taxes Strong cap rate potential with minimal vacancy history. Recent unit updates reduce immediate maintenance concerns while premium corner positioning appeals to quality tenants. Perfect for small-portfolio investors seeking steady cash flow with manageable upkeep. Location: Walking distance to Chicago Heights schools, shopping, and services. Bloom Township. ZIP 60411. Investment Profile: Value-add multi-family | Low tax burden | Established tenant base. Contact for property details, tenant information, and financial documentation
Location
State IL
County Cook
Area Chicago Heights
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas, Forced Air, Steam
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
School District 170 , 170, 206
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nick Alafogianis of Property Outlet Group LLC
NEARBY SCHOOL & BUSINESS
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