Estimated payment $1,462/month
Highlights
- Hot Property
- Lower Floor Utility Room
- Ceiling Fan
- Deck
- Enclosed Patio or Porch
- Paved or Partially Paved Lot
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,895
Year Built
- Built in 1925
Parking
- 2 Car Garage
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Lower Floor Utility Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Enclosed Patio or Porch
Schools
- Roosevelt Elementary School
- Bloom High School
Additional Features
- Paved or Partially Paved Lot
- Radiator
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $199,999 | +44.9% | -- | |
| 05/12/2016 05/12/16 | Sold | $138,000 | -13.7% | $85 / Sq Ft | View Prior Sale |
| 03/15/2016 03/15/16 | Pending | -- | -- | -- | |
| 01/29/2016 01/29/16 | For Sale | $159,900 | -- | $98 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12506567
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