$515,000
$575,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
5,305 SqFt
SOLD DATE : 04/02/2026
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,305 sqft
Price per Sqft $97
MLS Listing ID 12508697
Sold Date 04/02/26
Maintenance Fees $2,500
Year Built 1926
Annual Tax Amount $15,107
Tax Year 2023
Lot Dimensions 118X128
Property Sub-Type Multi Family 5+
Property Description
Newly rehabbed 5 unit building with extremely strong rents! Boasting an 8.68% cap rate providing more than 10% cash on cash return, this is a strong turnkey investment. This building has been turned over and updated over the last year with new/refinished flooring through most of the apartments, fresh paint, new or freshened up cabinets, several updated bathrooms, several updated countertops, and exterior updates/repairs. Plenty of parking and large floorplans make this an easy to rent building.
Location
State IL
County Cook
Area Chicago Heights
Zoning COMMR
Rooms
Basement Finished
Interior
Cooling Window Unit(s)
Fireplaces Number 2
Fireplace Y
Building
Structure Type Brick
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Joanne Ketsios of Redfin Corporation
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "