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$150,000   Price Analysis
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1235 Otto Blvd
Chicago Heights, IL 60411
5 bed 2 bath 1,650 SqFt ($90/SqFt)
3,600SqFt lot. Built 1904
Listed 2024-02-16, Taxes $4,729
Ⓧ USDA Ineligible
due to location

near Chicago Heights

This recently updated two-unit property

* Has Contingent Offer *

Offering a perfect blend of comfort and investment potential. This is available for owner occupied financing. The first unit features 2 open bedrooms, creating a welcoming and versatile living space. The 2nd unit, a cozy 3 bedroom residence, complements the property's ppeal with its thoughtful layout. Both units have undergone recent updates, ensuring a turnkey experience for residents and owners.

The strategic location ensures conve nience 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 professionally managed property with a solid income stream.


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

Property MLS #11982706 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

Lot Size Acres: 0.0826446
Lot Size Dimensions: 24X150
Lot Size Square Feet: 3600

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 206

Bloom High School is a public high school located approximately 0.5 miles away.
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Roosevelt Elementary School is a public elementary school located approximately 0.7 miles away.
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Cornerstone Christian School is a private elementary and middle school located approximately 0.1 miles away.
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Regl Inst Scholastic Excellence is a public middle and high school located approximately 1.3 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
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: 4
Total Rooms in Unit-2: 5
Unit-1 Square Feet: 800
Unit-2 Square Feet: 850
Unit 1 Total Actual Rent: 1050

Annual Tax Amount: 5086.72
Source Listing Status: Active Under Contract
County: Cook
Directions: RT 30 I BLOCK E OF CHICAGO RD NORTH TO ADDRESS
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 32202080130000
Township: Bloom
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$6,830 + $1,218
$8,048
$4,729
2019$7,180 + $1,125
$8,305
$4,782
2018$7,180 + $1,125
$8,305
$4,547
2017$7,180 + $1,125
$8,305
$4,346
2016$6,186 + $1,031
$7,217
$3,869
2015$7,104 + $1,031
$8,135
$4,312
2014$7,104 + $1,031
$8,135
$4,274
2013$6,669 + $1,031
$7,700
$3,895
2012$6,669 + $1,031
$7,700
$3,774
2011$6,669 + $1,031
$7,700
$3,441
2010$9,628 + $1,031
$10,659
$4,265
2009$9,628 + $1,031
$10,659
$4,122
2007$8,656 + $1,349
$10,005
$3,347
2006$8,656 + $1,349
$10,005
$3,353

Listed 2024-02-16
$150,000
MRED
Sold 2016-06-03
$20,500
Public Record
Sold 2016-04-22
$20,500
MRED
Listed 2016-03-09
$14,900
MRED
Listing removed 2014-07-23
$36,000
MRED
Price Changed 2014-04-14
$36,000
MRED
Price Changed 2013-08-22
$29,000
MRED
Listed 2013-07-19
$30,000
MRED
Sold 2005-12-16
$140,000
Public Record
Sold 2003-12-22
$110,000
Public Record
Sold 2003-09-25
$28,000
Public Record
Sold 1999-04-29
$75,000
Public Record
Sold 1991-02-21
$37,942
Public Record
Sold 1984-01-12
$31,000
Public Record
Sold 1980-10-31
$28,000
Public Record

Net Operating Income: 22466

Year Built: 1904
Property Age: 120

Sewer: Public Sewer
Water Source: Public
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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.