$449,000
PENDING $30K PRICE DROP

2701 Hessing St River Grove, IL 60171

Estimated payment $3,336/month

Total Views 391,644
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a forest
  • Corner Lot
  • Forced Air Heating System
  • Property is adjacent to nature preserve
  • Den
  • Ceiling Fan

About This Home

This River Grove 2-Unit sits on an Oversized Lot! 2701 N Hessing is a well-maintained 2-flat offering a fantastic opportunity for investors or owner-occupants. Situated on a spacious R-3 corner lot, the property features 5 total bedrooms, 2 full baths, and 2 bonus rooms-ideal for office or flex use. Prior updates (circa 2018) include kitchen and bath remodels, new furnace and central air, as well as all-new plumbing, windows, and roof work. Recent improvements include upgraded water service from the street (2023), new A/C unit (2022), and updated flooring in the living and dining areas of each unit (2023). Exterior features include a 4-car side-alley parking pad and partially fenced front with private backyard areas. Located steps from the Metra, Starbucks, River Grove Elementary, and minutes from Triton College, O'Hare, and local dining/shopping. Property is fully vacant and ready for new tenants or owner occupancy. Live in one unit and rent the other, or lease both for strong income potential. ***Back on market-home appraised; prior deal fell through due to buyer issues.***

Listing Agent

Elizabeth Finks

Compass License #475208603 Listed on: 05/15/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,024

Year Built

  • Built in 1925 | Remodeled in 2018

Lot Details

  • 5,663 Sq Ft Lot
  • Property is adjacent to nature preserve
  • Fenced
  • Corner Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Den
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Alley Access
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Location

  • Property is near a forest

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,024

Year Built

Built in 1925 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Special Features: 4224
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Den
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 449000
  • Lot Features: Corner Lot, Forest Preserve Adjacent, Nature Preserve Adjacent
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Off Alley, Alley Access, On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Middle/Junior School District: 85.5

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 5668
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10024.35
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $449,000 -6.3% --
05/15/2025 05/15/25 For Sale $479,000 +36.9% --
06/21/2021 06/21/21 Sold $350,000 -7.9% --
05/15/2021 05/15/21 For Sale -- -- --
05/14/2021 05/14/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $379,900 +35.7% --
10/29/2018 10/29/18 Sold $280,000 -6.6% --
09/26/2018 09/26/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $299,900 -11.3% --
08/30/2018 08/30/18 Price Changed $338,000 -2.9% --
08/21/2018 08/21/18 For Sale $348,000 +93.3% --
11/30/2016 11/30/16 Sold $180,000 -4.8% --
10/01/2016 10/01/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $189,000 -- --
Source: Midwest Real Estate Data (MRED)

About the Listing Agent

Elizabeth Finks

Compass

(708) 847-9817

Section Image

Chicagoland native Liz Finks is a top-producing real estate broker known for her genuine care, strategic insight, and full-service approach to helping buyers, sellers, and investors across Chicago and the surrounding suburbs.

With deep roots in the city and a sharp eye for value, Liz is committed to making every real estate journey as smooth and rewarding as possible.

Before real estate, Liz spent years as a music agent and artist manager, working with top talent and navigating

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12367117

Midwest Real Estate Data (MRED)