150 E 22nd Street , Chicago Heights, IL 60411

$200,000
  • 150 E 22nd Street , Chicago Heights, IL 60411 Main Photo

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New to the Market New
BEDS5 BATHS2 full MLS#12792476
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 206

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!

150 E 22nd Street | MLS# 12792476

This multi-family property located at 150 E 22nd Street , Chicago Heights, IL 60411 is currently listed for sale with an asking price of $200,000. E 22nd Street is located within the District 206 school district. Search Chicago Heights real estate on www.gogambino.com today.

Upcoming Open Houses

Open House Sunday October 25th, 12:30pm - 2:00pm
Open House Tuesday October 27th, 5:30pm - 7:00pm

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Heating: Gas
Home Style: Victorian
Lot Size: 0.07 Acres
Taxes: $5,842
Year Built: 1913

Feature Descriptions

Additional rooms: Exercise Room
Exterior: Brick
Lot Dimensions: 25X125
Other Equipment: Ceiling Fan(s)
Parcel#: 32281060150000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 11
Township: Bloom
Water: Lake Michigan, Public

Local Schools

School District: District 206

Listed By / Shown By

Listed By

Agency Name: Keller Williams ONEChicago
Agency Phone: 312-216-2422

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,453.63 per month $908.46 Principal & Interest $486.83 Property Tax $58.33 Homeowner's Insurance

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