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$150,000   Price Analysis
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1658 School St
Chicago Heights, IL 60411
5 bed 2 bath unknown SqFt ($0/SqFt)
4,699SqFt lot. Built 1907
Listed 2024-02-16, Taxes $5,114
Ⓧ USDA Ineligible
due to location

near Chicago Heights

Welcome to this recently updated and meticulously maintained two-unit property

* No Longer For Sale *
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Offering a perfect blend of comfort and nvestment potential. The first unit features three big bedrooms, creating a welcoming and versatile living space. With modern finishes and attention to detail, this unit provides a stylish and comfortable atmosphere. The second unit, a large two-bedroom residence, complements the property's appeal with its thoughtful layout. Both units have undergone recent updates, ensuring a turnkey living experience for residents.

Investors will appreciate the impressive gross income of $28, 800, showcasing the property's strong rental income. The strategic location ensures convenience with proximity to essential amenities, schools and public transportation. Whether you're seeking a lucrative investment opportunity or a multi-generational living arrangement, this two-unit property offers the best of both worlds. Don't miss the chance to own a property that is professional managed that combines modern living spaces with a solid income stream.


Presented by Paul Kempa at
Realty One Group Excel.
Listing Agent Photo

Property MLS #11982675 from MRED

Bedrooms: 5
Bedrooms Possible: 5

Total Rooms: 9
Basement Features: Full
Basement Description: Unfinished

Total Bathrooms: 2
Full Bathrooms: 2

Heating Features: Natural Gas, Forced Air, Sep Heating Systems - 2+

Lot Size Acres: 0.1078742
Lot Size Dimensions: 37X127
Lot Size Square Feet: 4699

Parking Features: Off Street, Driveway
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 206

Washington-Mckinley Elementary School is a public elementary school located approximately 0.1 miles away.
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Bloom High School is a public high school located approximately 1 miles away.
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St Agnes School is a private elementary and middle school located approximately 0.3 miles away.
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Regl Inst Scholastic Excellence is a public middle and high school located approximately 1.7 miles away.
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Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 4
Unit 1 Total Actual Rent: 1250
Unit 2 Total Actual Rent: 1150

Annual Tax Amount: 5326.24
Source Listing Status: Closed
County: Cook
Directions: CHICAGO RD-S TO 16TH-W TO SCHOOL.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 32204290190000
Township: Bloom
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$6,855 + $1,572
$8,427
$5,114
2020$6,855 + $1,572
$8,427
$4,952
2019$8,936 + $1,451
$10,387
$5,981
2018$8,936 + $1,451
$10,387
$5,687
2017$8,936 + $1,451
$10,387
$5,436
2016$7,450 + $1,330
$8,780
$4,708
2015$7,450 + $1,330
$8,780
$3,263
2014$7,450 + $1,330
$8,780
$3,263
2013$7,942 + $1,330
$9,272
$3,360
2012$7,942 + $1,330
$9,272
$3,322
2011$7,942 + $1,330
$9,272
$3,240
2010$8,088 + $1,330
$9,418
$3,041
2009$8,088 + $1,330
$9,418
$2,006
2007$7,241 + $1,934
$9,175
$3,070
2006$7,241 + $1,934
$9,175
$3,075

Sold 2024-05-24
$154,500
MRED
Listed 2024-02-16
$150,000
MRED
Sold 2021-01-27
$111,000
Public Record
Sold 2009-07-13
$142,000
Public Record
Listing removed 2008-12-19
$24,900
MRED
Listed 2008-11-04
$24,900
MRED

Net Operating Income: 18921

Year Built: 1907
Property Age: 117
Roof: Asphalt

Sewer: Public Sewer, Sewer-Storm
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.