100 W 19th Street,Chicago Heights, IL 60411
Chicago Heights, IL 60411
Description
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.
Details
| MLS # | 12684000 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 105 |
| Listing Provided By | eXp Realty | Michael Scanlon |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
Interior
| Rooms Total | 18 |
|---|---|
| Heating | Natural Gas, Forced Air |
Exterior
| Roof | Asphalt |
|---|---|
| Lot Features | Landscaped |
| Construction Materials | Aluminum Siding |
| Patio And Porch Features | Porch |
Parking
| Parking Features | No Garage, Yes, Garage Owned, Detached, Off Alley, Off Street, Owned, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Storm Sewer |
|---|
Location
| Community Features | Curbs, Sidewalks, Street Lights, Street Paved |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 5263.5 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago Heights |
| Zip Code | 60411 |
| Area | Chicago Heights |
| Listing VS Median (in 60411) | |
Price: $380,000 low | high Med: $189,950 On site: 105 low | high Med: 79.5 | |
Market Activity 60411
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago Heights |
| Zip Code | 60411 |
| Area | Chicago Heights |
| Listing VS Median (in 60411) | |
Price: $380,000 low | high Med: $189,950 On site: 105 low | high Med: 79.5 | |
