$ 199,999
-
$199,999
Price -
6
Bed -
3
Bath -
0
SqFt
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About the Listing 28808 - 226204
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.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
12506567
Year Built
1925
Total Square Footage
0
Lot/Acreage
9311
County
Cook
Area
Chicago Heights
School District
170
Elementary School
Roosevelt Elementary School
High School
Bloom High School
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances: Ceiling Fan(s)
- Air Cond:
- Heating: Radiator(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 9311
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $4,895
- Taxes w/Assessments: N/A
- Tax/Property ID: 32192050300000
- Tax Year: 2023
Payment Calculator
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Questions About..
Listing 12506567 Chicago Heights, IL 60411
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