BEDS0
BATHS
MLS#12693968
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
474 W. 14th Place is a well-maintained 8-unit multifamily property located in Chicago Heights, just off Route 30 - Lincoln Highway, with convenient access to retail, dining, public transportation, and major regional employers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and major industrial and logistics corridors throughout the south suburbs. The property features a unit mix of (1) one-bedroom / one-bathroom unit and (7) two-bedroom / one bathroom units, offering strong appeal to the area's workforce housing tenant base. The apartment units have been renovated with updated kitchens, flooring, paint, bathrooms, and other interior improvements, providing investors with strong in-place cash flow and limited deferred maintenance. Recent capital improvements include a newer parking lot and hot water heater, helping support the long-term condition of the asset. Tenants are responsible for their own heat and electric, helping reduce operating expenses for ownership. The asset offers an attractive combination of stable occupancy, operational efficiency, and long-term rental demand within an established workforce housing market
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.30 Acres
Stories: 2.0
Taxes: $23,391
Year Built: 1977
Feature Descriptions
HVAC: Baseboard
Lot Dimensions: 90x145
Parcel#: 32194040090000
Units: 8
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
$ 5,212.19 per month $3,066.06 Principal & Interest $1,949.25 Property Tax $196.88 Homeowner's InsuranceChange Payment Information
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474 W 14th Place | MLS# 12693968
This multi-family property located at 474 W 14th Place , Chicago Heights, IL 60411 is currently listed for sale with an asking price of $675,000. Search Chicago Heights real estate on pbellinghiere.gogambino.com today.