18
See all 18 photos
$200,000
Est. payment /mo
5 Beds
2 Baths
3,049 Sqft Lot
New
150 E 22nd ST Chicago Heights, IL 60411
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12792476
Style Victorian
Bedrooms 5
Year Built 1913
Annual Tax Amount $5,842
Tax Year 2025
Lot Size 3,049 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Opportunity awaits with this well-maintained two-unit property situated on a quiet residential block in Chicago Heights. The first-floor unit features 2 bedrooms and 1 bathroom, while the second-floor unit offers 3 bedrooms and 1 bathroom. Tenant and Lease Details Both units are occupied by long-term tenants, providing rental income from day one. * Unit 1 | First Floor: 2 bedrooms, 1 bathroom. Currently rented for $1,000 per month on a month-to-month basis. * Unit 2 | Second Floor: 3 bedrooms, 1 bathroom. Currently rented for $1,100 per month with a one-year lease in place. Investment Income Summary * Total Monthly Rental Income: $2,100 * Rental Income Potential: Current rents are below market value, offering an opportunity to increase income over time. Whether you're looking to live in one unit while renting out the other or expand your real estate investment portfolio, this property offers flexibility and room to grow. Conveniently located near shopping, expressways, and public transportation, the property offers easy access to everyday amenities and commuting options. Some TLC is needed, presenting an opportunity to add value and maximize its potential. Priced to sell! Take advantage of this opportunity to invest in a two-unit property with established tenants and future income potential. Schedule your showing today!
Location
State IL
County Cook
Area Chicago Heights
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Gas
Equipment Ceiling Fan(s)
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 170 , 170, 206
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Dominique Morgan of Keller Williams ONEChicago
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