298 W 16th Street Chicago Heights, IL $ 151,000
298 W 16th Street
$ 151,000
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298 W 16th Street

Chicago Heights, IL, 60411
$ 151,000
Bedrooms6 Baths2.0 Sq 2,960

Monthly Estimate*

$ 942

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Multi-Family Home for sale in Chicago Heights, IL

for $151,000 with 6 bedrooms and 2 full baths. This 2,960 square foot home was built in 1926 on a lot size of 0.21.

THE MAYOR NOTES ON THE VILLAGE WEBSITE "CHICAGO HEIGHTS BEGAN AS AN IMMIGRANT COMMUNITY BECOMING HOME TO GENERATIONS OF FAMILIES, REMAINING A DIVERSE COMMUNITY OF MANY CULTURES, WELCOMING FUTURE GENERATIONS TO A VILLAGE WITH A VISION TO REVITALIZE THE LOCAL ECONOMY AND IMPROVE THE QUALITY OF LIFE FOR EVERY RESIDENT!" POLICE AND FIRE DEPARTMENTS, EXTENSIVE RESIDENTIAL SERVICES, MAYOR'S OFFICE OF SPECIAL EVENTS INCLUDING ANNUAL FALL FIESTA CELEBRATION, BIKE TRAILS, FOREST PRESERVES, MINUTES TO COMMUTER TRAIN AND INTERSTATES, DINING, PARK DISTRICT RECREATIONAL FACILITY, LIBRARY, SHOPPING, AND MORE! (CUSTOMIZABLE-FIXER-UPPER-AS-IS ESTATE-SALE MEANS VILLAGE INSPECTION REPAIRS BUYER'S RESPONSIBILITY) ALL-BRICK-2-FLAT! ENCLOSED REAR PORCH STAIRS ACCESS 1,480 SQUARE FEET OF EXPANSIVE LIVING SPACE ON EACH OF 3 LEVELS COMPRISING TALL CEILINGS, 2 LARGE KITCHENS, 2 FORMAL DINING ROOMS, FIREPLACES IN 2 FORMAL LIVING ROOMS, HARDWOOD FLOORS, AUTHENTIC WOOD COVE MOLDINGS AND TRIM, ABOVE AVERAGE SIZE 3 BEDROOMS ON 1ST AND 2ND LEVELS, 2 FULL BATHROOMS WITH DEEP VINTAGE SOAKING TUBS, EXTRA SHOWER, UTILITY SINK, ABUNDANCE OF STORAGE IN LARGE FULL BASEMENT. AN OVER 40 FOOT WIDE LOT HUGS A FLORIDA ROOM. AND ALL OF THIS LOCATED IN AREA OF HUGE HISTORIC HOMES. EACH UNIT COULD POSSIBLY RENT FOR $2K EACH MONTHLY FOR A POTENTIAL $48K ANNUALLY!

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Multi-Family Contingent

Price

$ 151,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,642

Style

Traditional,Prairie

Lot Size

0.21

Year Built

1926

Town/City

Chicago Heights

County/Region

Cook

MLS | Web ID

12445795

Features
Exterior
Model ALL BRICK 2-FLAT
Water Source Lake Michigan
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions 41X157
Lot Size Acres 0.21
Waterfront Y/N N
Other Equipment TV-Cable Water Heater-Gas Ceiling Fan(s)
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General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing Immediate
Roof Asphalt
Zoning MULTI
Architectural Style Traditional Prairie
Construction Materials Brick
Year Built 1926
Township Bloom
Tax Year 2023
Ownership Fee Simple
Gross Income 0
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
MaintenanceExpense 0
Other Structures None
Total Rooms 12
Status Contingent
Directions RT-30 LINCOLN HWY 8 BLOCKS EAST OF WESTERN AVENUE TO ASHLAND AVENUE SOUTH 4 BLOCKS TO 16TH STREET EAST A HALF BLOCK TO 289 W 16TH STREET A BROWN ALL BRICK 2-FLAT ON THE SOUTH SIDE OF THE AVENUE AMONG
City Chicago Heights
High School District 206
MLS Area Chicago Heights
Tax Annual Amount 1642
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 170
Elementary School District 170
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Interior
Basement Unfinished Full
Total Bedrooms 6
Room Type Enclosed Porch
Total Baths 2
Bedrooms Possible 6
Bathroom Separate Shower Soaking Tub
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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* Excluded Features
List By
Re/Max 10

Broker

dalelesleytaylor@peoplepc.com

Email

Affordability Calculator

$1,079
Per Month
87%
13%
0%
Monthly Principal & Interest
$942
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564921 Elementary School
564614 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2025$151,000 Listed Price

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298 W 16th Street, Chicago Heights, IL, 60411 is a Multi-Family Home for sale at $151,000 with 2,960 sqft and a lot size of 0.21. 298 W 16th Street has 6 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 60411 which is in Chicago Heights, IL