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.
59 days
|
14
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Michael Scanlon(773)630-9205,
eXp Realty,
Zak Marinko,
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12684000
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Natural Gas, Forced Air
Appliances
Included: Multiple Water Heaters
Features
Basement: Unfinished,Full
Property
Parking
Total spaces: 8
Parking features: No Garage, Yes, Garage Owned, Detached, Off Alley, Off Street, Owned, Garage
Garage spaces: 2
Features
Patio & porch: Porch
Lot
Size: 7,500 Square Feet
Dimensions: 50X150
Features: Landscaped
Details
Parcel number: 32292030030000
Zoning: MULTI
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: A-Frame
Property subtype: Multi Family
Materials
Aluminum Siding
Roof: Asphalt
Condition
New construction: No
Year built: 1904
Major remodel year: 2023
Utilities & green energy
Sewer: Storm Sewer
Water: Lake Michigan
Community & HOA
Community
Features: Curbs, Sidewalks, Street Lights, Street Paved
Location
Region: Chicago Heights
Financial & listing details
Tax assessed value: $96,750
Annual tax amount: $5,263
Date on market: 6/25/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
$371,700
Estimated sales range
$353,000 - $390,000
Rent Zestimate®
$1,898/mo
Price history
Date
Event
Price
7/23/2026
Pending sale
$380,000
Source: MRED as distributed by MLS GRID #12684000Report a problem
6/25/2026
Listed for sale
$380,000+357.8%
Source: MRED as distributed by MLS GRID #12684000Report a problem
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.