BEDS0
BATHS
MLS#12694277
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
37-39 W. 14th Place is a well-located 6-unit multifamily property situated in Chicago Heights, just off Route 30 - Lincoln Highway with convenient access to retail corridors, public transportation, and major south suburban employment centers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and nearby industrial and logistics hubs that continue to support workforce housing demand throughout the area. The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one- bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuck-pointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric. The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.15 Acres
Stories: 3.0
Taxes: $14,709
Year Built: 1923
Feature Descriptions
HVAC: Gas, Radiators
Lot Dimensions: 50x128
Parcel#: 32204000370000
Units: 6
Listed By / Shown By
Listed By
Agency Name: Sperry Van Ness
Agency Phone: 312-676-1866
Shown By
Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 3,884.44 per month $2,498.27 Principal & Interest $1,225.75 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
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37 W 14th Place | MLS# 12694277
This multi-family property located at 37 W 14th Place , Chicago Heights, IL 60411 is currently listed for sale with an asking price of $550,000. Search Chicago Heights real estate on pbellinghiere.gogambino.com today.