$275,000 Price Analysis    ♡   Chicago Heights, IL 60411 8 bed 4 bath 3,878 SqFt ($70/SqFt) 0.34 acre lot. Built 1909 Listed 2024-05-09, Taxes $8,285 | Ⓧ USDA Ineligible due to location near Chicago Heights |
MULTIPLE OFFERS RECEIVED.
* Has Contingent Offer *HIGHEST AND BEST DUE TUESDAY 5/14 AT 5PM! Well-maintained brick 4-unit apartment building with a strong rental income of $3, 779/mo. All of the units were rehabbed in 2013 along with the roof, plumbing and electrical. Recent improvements include renovation of the floors and walls in Units 1F and 2R, new paint in 1R, electrical upgrades to all 4 breaker boxes to bring them up to code and repair of the railings on the front steps.
The floor plans include two 2 bedroom/1 bath units (Unit 2F and 2R), one 3 bedroom/1 bath unit (Unit 1F) and a 1 Bedroom/1 Bath unit (Unit 1R). The building features on-site laundry in the basement, a 2 car garage for potential additional income and a full basement. Tenants pay for their own electric and gas. The building also comes with the adjacent lot (two PINs). Property is in good condition but sold AS IS.
Presented by Michael Scanlon at
eXp Realty.
Property MLS #12048276 from MRED
Bedrooms Possible: 8
Basement Features: Full
Basement Description: Unfinished
Full Bathrooms: 4
Lot Size Acres: 0.34
Lot Size Dimensions: 75X200
Lot Size Square Feet: 14810
Garage Description: Detached
Parking Total: 2
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 6
Total Rooms in Unit-4: 6
Unit-1 Square Feet: 1639
Unit-2 Square Feet: 400
Unit-3 Square Feet: 979
Unit-4 Square Feet: 860
Unit 1 Total Actual Rent: 1099
Unit 2 Total Actual Rent: 750
Unit 3 Total Actual Rent: 980
Unit 4 Total Actual Rent: 950
Source Listing Status: Active Under Contract
County: Cook
Directions: Route 30 & Chicago Road, South to 19th St, West on 19th to Euclid, North on Euclid to 1828 on West Side of Street
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 32291030200000
Township: Bloom
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2020 | $13,953 + $3,250 $17,203 | $8,285 |
| 2019 | $15,787 + $3,000 $18,787 | $8,844 |
| 2018 | $15,787 + $3,000 $18,787 | $8,405 |
| 2017 | $15,787 + $3,000 $18,787 | $8,066 |
| 2016 | $13,403 + $2,750 $16,153 | $7,322 |
| 2015 | $13,403 + $2,750 $16,153 | $8,563 |
| 2014 | $13,403 + $2,750 $16,153 | $8,487 |
| 2013 | $11,103 + $2,750 $13,853 | $7,009 |
| 2012 | $11,103 + $2,750 $13,853 | $6,791 |
| 2011 | $11,103 + $2,750 $13,853 | $6,190 |
| 2010 | $15,231 + $2,750 $17,981 | $7,195 |
| 2009 | $15,231 + $2,750 $17,981 | $6,954 |
| 2007 | $11,239 + $2,800 $14,039 | $4,697 |
| 2006 | $11,239 + $2,800 $14,039 | $4,705 |
$275,000
MRED
Sold 2021-09-22
$250,000
MRED
Sold 2014-01-17
$30,000
MRED
Listed 2013-11-25
$22,000
MRED
Sold 1995-11-16
$124,000
Public Record
Property Age: 115
Water Source: Lake Michigan
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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.