6-unit brick multi-unit with below-market rents and long-standing tenants, offering immediate upside through rent optimization. Low-maintenance exterior, paved parking lot, shared yard, and common washer/dryer area support stable operations while providing clear value-add potential.
Don't miss this incredible fully leased investment opportunity! This hard to find 7 unit building is over an 8 cap at the list price. No deferred maintenance and below market rents combine to create tremendous value add potential. With seven total units rent increases to market value and further increases over time will have an exponential effect on value. All of the apartments are desirable 2 bedroom units with a spacious family room. Coin op laundry and storage are available in the basement. One apartment has just been updated with quartz counter tops, new appliances and bathroom fixtures (rented immediately!). Other updates include new windows, new appliances, new exterior lighting and the fire safety system has been updated. New 10 year smoke and CO detectors were just installed. Low to no vacancy history. Restaurants, national retailers and the Jewel grocery store are all within walking distance make renting apartments a breeze. There are 7 onsite parking spaces and unrestricted on street parking. Don't wait, opportunities like this don't come often!
Position your business in one of Chicagoland's most connected industrial corridors with this rare owner-operator property. Featuring two industrial buildings totaling 14,688 square feet, it's ideal for manufacturing, assembly, warehousing, or light distribution operations. The location offers excellent highway access just minutes from Illinois Route 1 (Halsted Street) and U.S. Route 30, with quick connections to I-394, I-80/94, I-57, and I-294 for efficient regional and national logistics. Nearby rail infrastructure includes service from Union Pacific and Canadian National, local switching through the Chicago Heights Terminal Transfer (CHTT), and the Chicago Heights Transload Terminal for rail-to-truck and truck-to-rail operations. While the property does not currently have a spur, its proximity to these facilities creates strong future rail potential. The buildings feature high clear heights, multiple overhead and drive-in doors, and flexible open floor plans for a variety of uses. Modern infrastructure includes 3-phase electric power, a state-of-the-art smoke detection and fire safety system, surveillance cameras, efficient heating and cooling, and built-out office and breakroom space. Ample parking and yard areas allow for easy truck access and equipment storage. Located within the Lincoln-394 Enterprise Zone, the property may qualify for business incentives such as sales tax exemptions on building materials and manufacturing equipment, along with potential tax abatements. This is an ideal opportunity for an owner-operator seeking control, flexibility, and long-term growth in a highly accessible south suburban industrial market.

South Chicago Heights is located in Illinois. South Chicago Heights, Illinois has a population of 4,022. South Chicago Heights is less family-centric than the surrounding county with 22.16% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in South Chicago Heights, Illinois is $45,119. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in South Chicago Heights is 33.9 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 39 inches per year, with 28 inches of snow per year.