Property Attributes
- MLS#12684000
- TypeMulti-Family
- Listing Status Pending
- CountyCOOK
- CityChicago Heights
- AreaChicago Heights
- NeighborhoodIndian Hill
- Zip60411
- StyleA-Frame
- Year Built1904
- Taxes$ 5263
- Price$ 380,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
ATTENTION INVESTORS: TURNKEY MULTI-FAMILY WITH MAJOR CASHFLOW! This fully occupied 4-unit investment property in Chicago Heights is a certified cash cow, boasting a phenomenal 11.5% Cap Rate (at a conservative 35% expense ratio) and generating a powerful $5,650 in total monthly gross rent. The unique, high-yield layout features 6 bedrooms and 4 bathrooms in total, split between a solid 3-unit main building and a highly desirable, private 1-unit coach house situated above the rear garage. Every single unit has been newly renovated with crisp, modern finishes and a clean look that commands top-tier area rents: Unit 1 is a massive 3-bed/1-bath rented at $1,800/mo, Unit 2F is a 1-bed/1-bath at $1,300/mo, Unit 2R is a 1-bed/1-bath at $1,100/mo, and the ultra-private Coach House is a 1-bed/1-bath at $1,450/mo. With all tenants paying their own separate electric and gas utilities, this property minimizes landlord overhead and provides an unbeatable, immediate addition to your portfolio.
| Price History | |
|---|---|
| 6/25/2026 | Listed $380,000 |
General Features
| Sewer | Storm Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Possession | Closing |
| Roof | Asphalt |
| Zoning | MULTI |
| Garage Spaces | 2 |
| Architectural Style | A-Frame |
| Construction Materials | Aluminum Siding |
| Year Built | 1904 |
| Township | Bloom |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| Gross Income | 67800 |
| Community Features | Curbs,Sidewalks,Street Lights,Street Paved |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 18 |
| Status | Pending |
| Directions | Chicago Road to 19th Street go west |
| City | Chicago Heights |
| High School District | 206 |
| MLS Area | Chicago Heights |
| Tax Annual Amount | 5263.5 |
| Standard Status | Pending |
| Middle/Junior School District | 170 |
| Elementary School District | 170 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Unfinished,Full |
|---|---|
| Total Bedrooms | 6 |
| Total Baths | 4 |
| Bedrooms Possible | 6 |
| Full Baths Building | 4 |
| Total Number of Units | 4 |
Exterior Features
| Parking Features | No Garage,Yes,Garage Owned,Detached,Off Alley,Off Street,Owned,Garage |
|---|---|
| Lot Features | Landscaped |
| Water Source | Lake Michigan |
| Total Parking | 8 |
| Lot Dimensions | 50X150 |
| Waterfront Y/N | No |
| Other Equipment | Multiple Water Heaters |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool