Address Withheld By Seller, Chicago Heights, IL 60411
Local realty services provided by:ERA Naper Realty
Address Withheld By Seller,Chicago Heights, IL 60411
$199,999
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: sherri southall
Office: homesmart connect llc.
MLS#:12506567
Source:MLSNI
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Price summary
- Price:$199,999
About this home
Excellent opportunity for an owner occupant or investor looking for a two-unit property with solid income potential. Each spacious unit offers a comfortable layout with separate entrances and hardwood floors throughout. The first-floor unit includes four bedrooms and two baths, ideal for a large household or live-in owner. The second-floor unit features two bedrooms and one bath, perfect for extended family or additional rental income. The property is currently owner-occupied and will be delivered vacant at closing, making it ready for immediate occupancy or tenant placement. Estimated market rents range from approximately $1,800-$2,500 per month for the main unit and $1,100-$1,600 per month for the upper unit, depending on the level of improvements and finishes. With both units leased, the projected total gross monthly income could range from $2,900-$4,100, offering excellent potential cash flow and long-term appreciation. The full basement provides added storage and includes laundry connections. A detached two-car garage and screened porch add convenience and functionality. The property needs repairs and is being sold as-is. Buyer will be responsible for any required village repairs per the City of Chicago Heights point-of-sale inspection. Located near schools, shopping, and commuter access, this property offers an ideal blend of value, flexibility, and income opportunity. Whether you're seeking a home to occupy while offsetting your mortgage or expanding your investment portfolio, this two-flat presents strong potential in a growing market.
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Home facts
- Year built:1925
- Listing ID #:12506567
- Added:3 day(s) ago
- Updated:November 15, 2025 at 12:06 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
Heating and cooling
- Heating:Radiator(s)
Structure and exterior
- Roof:Asphalt
- Year built:1925
Schools
- High school:Bloom High School
- Elementary school:Roosevelt Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,999
- Tax amount:$4,895 (2023)
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