BEDS6
BATHS4 full
MLS#12684000
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 206
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 2
Heating: Natural Gas, Forced Air
Home Style: A-Frame
Lot Size: 0.17 Acres
Roof Type: Asphalt
Taxes: $5,263
Year Built: 1904
Feature Descriptions
Exterior: Aluminum Siding
Lot: Landscaped
Lot Dimensions: 50X150
Other Equipment: Multiple Water Heaters
Parcel#: 32292030030000
Parking: No Garage, Yes, Garage Owned, Detached, Off Alley, Off Street, Owned, Garage
Sewer: Storm Sewer
Total Rooms: 18
Township: Bloom
Water: Lake Michigan
Local Schools
School District: District 206
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 888-574-9405
Shown By
Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,275.50 per month $1,726.08 Principal & Interest $438.58 Property Tax $110.83 Homeowner's InsuranceChange Payment Information
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100 W 19th Street | MLS# 12684000
This multi-family property located at 100 W 19th Street, Chicago Heights, IL 60411 is currently listed for sale with an asking price of $380,000. W 19th Street is located within the District 206 school district. Search Chicago Heights real estate on pbellinghiere.gogambino.com today.