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  • $234,000

    40 W Main St, Chicago, IL 60411

    4beds
    --sqft
    Multi Family
    Built in 1891
    -- sqft lot
    $234,900 Zestimate®
    $--/sqft
    $1,628 Estimated rent

    Home value

    $234,900

    $214,000 - $258,000

    $1,628/mo

    Zestimate® history
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    $1,727/mo

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    $1,727/mo

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    What's special

    Investor alert! Fully rehabbed in 2025, this turnkey, income-producing 2 flat at 40 W Main St in Chicago Heights is the definition of low-maintenance investing. Whether you're expanding your portfolio or looking for the perfect house hack, this property is ready to generate returns from day one. Each unit has been completely updated with fresh paint, new wide plank luxury vinyl flooring, and modern lighting throughout. The brand new kitchens feature timeless shaker cabinetry, sleek quartz countertops, and ample storage. Both units offer two spacious bedrooms and a fully renovated full bath with stylish, contemporary finishes. The functional layouts provide comfortable living spaces designed to attract and retain quality tenants. The major mechanicals and big-ticket items were all replaced in 2025, including new furnaces, AC condensers, a roof, water heaters, and windows, which provides peace of mind and minimizes future capital expenses. A rear parking pad with space for up to three vehicles adds convenience and strong tenant appeal. This is a true plug-and-play investment opportunity for savvy investors and owner-occupants alike!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Melissa Kingsbury (224)699-5002,

    Redfin Corporation

    Bought with:

    Sergio Moya

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12619771MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Alley, Garage Faces Side, Yes, Owned
    • Has garage: Yes
    Lot
    • Size: 3,484 sqft
    Details
    • Additional structures: None
    • Parcel number: 32292080060000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1891
    • Major remodel year: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/28/2026Sold$234,000+0.4%
    Source: MRED as distributed by MLS GRID #12619771 Report a problem
    5/22/2026Pending sale$233,000
    Source: MRED as distributed by MLS GRID #12619771 Report a problem
    5/20/2026Listing removed$233,000
    Source: MRED as distributed by MLS GRID #12619771 Report a problem
    4/20/2026Contingent$233,000
    Source: MRED as distributed by MLS GRID #12619771 Report a problem
    4/15/2026Price change$233,000-2.1%
    Source: MRED as distributed by MLS GRID #12619771 Report a problem
    4/8/2026Listed for sale$238,000
    Source: MRED as distributed by MLS GRID #12613258 Report a problem
    4/8/2026Listing removed$238,000
    Source: MRED as distributed by MLS GRID #12602482 Report a problem
    3/27/2026Contingent$238,000
    Source: MRED as distributed by MLS GRID #12602482 Report a problem
    3/26/2026Listed for sale$238,000-2.9%
    Source: MRED as distributed by MLS GRID #12602482 Report a problem
    3/26/2026Listing removed$245,000
    Source: MRED as distributed by MLS GRID #12579301 Report a problem
    3/3/2026Listed for sale$245,000+276.9%
    Source: MRED as distributed by MLS GRID #12579301 Report a problem
    8/3/2006Sold$65,000+18.2%
    Source: Public Record Report a problem
    8/22/2005Sold$55,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $5,481
    2023$2,914 +475%$5,481 +29.8%
    2022$507 -6.4%$4,222
    2021$541 -17.8%$4,222
    2020$658 -29.5%$4,222 -16.4%
    2019$933 +5.6%$5,049
    2018$883 +0.8%$5,049
    2017$876 -27.5%$5,049 +6.3%
    2016$1,209 +7.1%$4,752
    2015$1,129 -1.6%$4,752
    2014$1,147 +2.2%$4,752 -2%
    2013$1,122 -2.7%$4,848
    2012$1,154 -8.7%$4,848
    2011$1,264 -41.6%$4,848 -32.9%
    2010$2,164 +2.7%$7,226
    2009$2,106 -13.5%$7,226 -5%
    2008$2,436 +2.9%$7,607 +7.5%
    2007$2,367 -0.2%$7,074
    2006$2,371 +0.4%$7,074
    2005$2,363 +17.5%$7,074 +18.7%
    2004$2,011 +3.2%$5,958
    2003$1,949 -5.8%$5,958
    2002$2,068 +14.3%$5,958 +14.3%
    2001$1,810 +1%$5,214
    2000$1,793 +16.7%$5,214
    1999$1,536 $5,214

    Find assessor info on the county website

    Neighborhood: 60411

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mckinley Elementary School
    • Middle: Mckinley Elementary School
    • High: Bloom High School
    • District: 170

    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.

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