About The Property

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 aRead MoreRead Less
Courtesy of eXp Realty [email protected]
Listing Snapshot
Days Online
30
Last Updated
Property Type
Two To Four Units
Beds
6
Year Built
1904
MLS Number
12684000
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Additional Details

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Appliances & Equipment
Equipment: Multiple Water Heaters
Basement
Unfinished, Full
Building
Architectural Style: A-Frame, Construction Materials: Aluminum Siding, Built in 1904, Rebuilt: No
Exterior Features
Patio: Porch
Garage
2 spaces
Heating
Natural Gas, Forced Air
Lot
Features: Landscaped, Dimensions: 50X150
Parking
Parking Total: 8, No Garage, Yes, Garage Owned, Detached, Off Alley, Off Street, Owned, Garage
Property
Zoning: MULTI
Roof
Asphalt
Sewer
Storm Sewer
Utilities
Water Source: Lake Michigan
Taxes
Annual Taxes: $5,264, Year: 2024, Exemptions: None
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30 Days Snapshot Of 60411
$257k
+23%
(avg) sold price
31
+3%
homes sold
36
-25%
(avg) days on market
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Monthly Payment
$0

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