Multi-Family: MLS #12506567 Chicago Heights, IL $ 199,999
Multi-Family: MLS #12506567
$ 199,999
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Multi-Family: MLS #12506567

Chicago Heights, IL, 60411
$ 199,999
Bedrooms6 Baths3.1

Monthly Estimate*

$ 1,231

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Multi-Family Home for sale in Chicago Heights, IL

for $199,999 with 6 bedrooms and 3 full baths, 1 half bath. This home was built in 1925.

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.

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Multi-Family Active

Price

$ 199,999

Bedrooms

6

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,895

Style

Year Built

1925

Town/City

Chicago Heights

County/Region

Cook

MLS | Web ID

12506567

Features
General
Sewer Public Sewer
Heating Radiator(s)
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Aluminum Siding
Year Built 1925
Township Bloom
Tax Year 2023
Ownership Fee Simple
Community Features Sidewalks Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Re-activated
Directions Route 30 to scott ave north to address
High School Bloom High School
City Chicago Heights
High School District 206
MLS Area Chicago Heights
Elementary School Roosevelt Elementary School
Tax Annual Amount 4895
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 170
Elementary School District 170
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Interior
Basement Unfinished Full
Total Bedrooms 6
Room Type Enclosed Porch Utility Room-Lower Level
Total Baths 3
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 9311
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Homesmart Connect Llc

Broker

sherri@thesunshinebroker.com

Email

Affordability Calculator

$1,639
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5379429 Elementary School
564614 Middle School
Bloom High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2025$199,999 Listed Price

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