ATTENTION INVESTORS: TURNKEY MULTI-FAMILY WITH MAJOR CASHFLOW! This fully occupied 4-unit investment property in Chicago Heights is a certified cash cow, boasting a phenomenal 11.5% Cap Rate (at a conservative 35% expense ratio) and generating a powerful $5,650 in total monthly gross rent. The unique, high-yield layout features 6 bedrooms and 4 bathrooms in total, split between a solid 3-unit main building and a highly desirable, private 1-unit coach house situated above the rear garage. Every single unit has been newly renovated with crisp, modern finishes and a clean look that commands top-tier area rents: Unit 1 is a massive 3-bed/1-bath rented at $1,800/mo, Unit 2F is a 1-bed/1-bath at $1,300/mo, Unit 2R is a 1-bed/1-bath at $1,100/mo, and the ultra-private Coach House is a 1-bed/1-bath at $1,450/mo. With all tenants paying their own separate electric and gas utilities, this property minimizes landlord overhead and provides an unbeatable, immediate addition to your portfolio.
** ALERT, 2 UNIT** Recently reduced!!! "Dont miss your chance before someone else does." Great Investment Opportunity, Bring your FHA Buyers. This beautiful 2 Flat Property Features on the First Floor Unit, 2 Bedrooms , Living Room, Dinning Room, and Full Bathroom. The Second Floor Unit is vacant, Features 2 Bedrooms, A Full Bathroom, Living Room. Partially Finished Basement with full bath. Perfect for a office space,a game room or just for extra storage. A Screened Porch, a Fenced Yard and Concrete Parking Spaces Off Alley! 2 PIN NUMBERS
THIS PROPERTY HAS A WALK OUT BASEMENT WITH POTENTIAL TO BE TURNED INTO A LEGAL 3-UNIT! Welcome to this stunning 2-unit in Chicago Heights on a corner lot! This property boasts a brand new roof, windows, facia, soffits and brand new gutters! Everything is new inside this home! Including a new HVAC system, new electrical throughout, new plumbing throughout and all new drywall throughout the interior of the property. The kitchen has new cabinets, quartz countertops, and new stainless steel applicances will be installed before closing. The first floor unit has 2 bedrooms and a full bath with water proof and scratch resistant flooring throughout. The second floor unit is where you can enjoy plush new carpet throughout with 2 LARGE bedrooms and a bath.
Welcome to your new home. This beautifully remodeled 2-Unit property has been renovated from top to bottom, offering itself as a low-maintenance asset with a strong income stream. This property features all new windows, new siding, new sidewalk, new furnace, and new water heaters. In addition, the roof is only about 5 years old. Located in a high-demand rental area just minutes from local transit, major highways, parks, and schools means vacancies are really low. Whether you are looking to house-hack, or rent out both units, this property is fully move-in ready. Don't miss out on this opportunity!
Perfect opportunity for income! This 2 unit is full of potential and ready for your personal touch. Featuring a spacious driveway, a 2-car garage, and great layout, this property offers both comfort and value. Looking for extra income? There's excellent rental space. Two bedroom on first floor and 1 bedroom possible two on the second floor. Unit conveniently located a short distance to city hall, bank, school and hospital. Unit being sold as is. Needs rear porch work. Conventional, 203k or cash financing please. Unit wont go FHA financing. Don't miss this chance to own a home with endless possibilities! Short Sale.
Step into history with this remarkable investment opportunity-a legal 3-flat nestled in the Historic District of Chicago Heights. Built in 1895 by George C. Flanner, a prominent lumber baron and one of the village's first mayors, this stunning Queen Anne Victorian is rich with character and a story that truly sets it apart. From the moment you arrive, the home's timeless charm is evident, beginning with the inviting covered front porch-an ideal spot to relax and take in the beauty of this expansive .35-acre corner lot. Inside, you'll find exquisite original woodwork that showcases the craftsmanship of a bygone era, offering warmth, elegance, and architectural detail rarely found today. This legal 3-flat offers strong investment potential, and the current owner has already taken care of several major updates, including replacing lead pipes with copper, reworking the boiler, and installing a new water heater in 2025-providing peace of mind for years to come. Bring your vision and ideas for cosmetic updates to elevate this historic gem into a true showstopper. Whether you're an investor looking to expand your portfolio or a buyer seeking a one-of-a-kind property with both charm and income potential, this property delivers on every level. Own a piece of local history while enjoying the benefits of a versatile, income-producing property in a prime location. Property is being sold AS IS.
Here is your opportunity to own a a beautiful brick Multi-Unit in Chicago Heights! A well maintained property with 4 updated units. Each unit has 3 BRs and 1.5 BA, in-unit washers/dryers, furnaces are separate and in-unit, and newer water heaters which are also separated and in-unit. Newer roof, windows, and mechanicals. Tenants pay all utilities. There is also a parking area for tenants and guests, situated on a large lot with mature trees and greenspace. Close to shopping, dining, parks, schools and public transportation. I-57 is minutes to the West and IL-394 is minutes to the East. Great location!! All financing types welcome...
Come see this 2 unit Property! Its a great investment opportunity! It offers 3 beds and 1 bathroom on each unit. Each unit has white kitchen cabinets and granite countertops. Each kitchen has stainless steel appliances including fridge, stove and microwave. Some of the updates done in 2022 include new electrical, new plumbing, new drywall, new windows with low E and argon gas for efficiency, new heating system, and a new roof. Additional lot next door included in price. It is only 15 minutes to I-294, and Across the street from Garfield Elementary school.
Multi-Unit Investment Opportunity - Chicago Heights! Fully vacant, updated two-unit building with 3/1 on the first floor and 2/1 on the second floor. Features a 1-car garage. Unfinished partial basement Sold As-Is - perfect for investors or owner-occupants!
you can buy and rent or invest move in ready current up to date. new roof in 2011 updated electrical 3 bedroom downstairs and 1.5 up stairs month to month long term tenants 24 to 48 hr notice is required

Chicago Heights is located in Illinois. Chicago Heights, Illinois has a population of 27,840. Chicago Heights is less family-centric than the surrounding county with 23.21% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago Heights, Illinois is $54,870. 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 Chicago Heights is 35.6 years.
The average high temperature in July is 83.7 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.