201 E 25th Street Chicago Heights, IL $ 350,000
201 E 25th Street
$ 350,000
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201 E 25th Street

Chicago Heights, IL, 60411
$ 350,000
Bedrooms6 Baths0.0 Sq 5,000

Monthly Estimate*

$ 2,417

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Multi-Family Home for sale in Chicago Heights, IL

for $350,000 with 6 bedrooms. This 5,000 square foot home was built in 1925 on a lot size of 0.13.

Pursuant to short sale; subject to lender approval. 7-unit brick multifamily in Chicago Heights, offered at $350,000 ($50,000 per unit) well below fair market value. Unit mix is three 3BR/1BA, two 2BR/1BA and two 1BR/1BA. Four of seven units currently pay rent, totaling $5,150/month, a 7.14% cap rate on current collections. One unit is vacant and two are occupied but not currently paying. With all seven units leased at market rent ($9,300/month), pro forma NOI is $68,315, a 19.52% cap rate at list price. Each unit has its own gas forced-air furnace and gas meter, and tenants pay heat. Detached two-car garage on a separate PIN, concrete drive and fenced yard. Current annual tax bill is $9,619. Full offering memorandum with rent roll, financials and comps available on request.

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Multi-Family Active

Price

$ 350,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 19,334

Style

Legal Non Conforming,Multi-Family

Lot Size

0.13

Year Built

1925

Town/City

Chicago Heights

County/Region

Cook

MLS | Web ID

12802371

Features
General
Possession Closing
Zoning OTHER
Association Fee Includes None
Construction Materials Brick
Year Built 1925
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 2
Township Bloom
Tax Year 2025
Current Use Legal Non Conforming Multi-Family
Gross Income 108600
Additional Parcels Description 32281150350000
County Cook
Net Operating Income 58599
Operating Expense 43437
Insurance Expense 6000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status New
Directions 26th st to Butler/Butler to 25th st/25th st to address
City Chicago Heights
Number Of Units Total 7
MLS Area Chicago Heights
Tax Annual Amount 19334.86
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3908
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Foundation Details Block
Building Area Total 5000
Lot Dimensions 5846
Lot Size Acres 0.13
Frontage Type City Street Public Road
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* Excluded Features
List By
Exp Realty

Broker

michael.scanlon@exprealty.com

Email

Affordability Calculator

$4,029
Per Month
60%
40%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$1,611
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$350,000 Listed Price

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201 E 25th Street, Chicago Heights, IL, 60411 is a Multi-Family Home for sale at $350,000 with 5,000 sqft and a lot size of 0.13. 201 E 25th Street has 6 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60411 which is in Chicago Heights, IL