$169,000

beds

baths

1227 Otto Boulevard

Chicago Heights, Illinois 60411

Active / MLS #12052723 / Multiple Unit (2-4) / Chicago Heights

Listing information updated 5/16/2024 at 12:23am

Introducing an excellent investment opportunity in Chicago Heights! This well-maintained 2-flat property is ideal for savvy investors looking to add to their portfolio. Each unit features leases expiring in January 2025 and November 2024 respectively, ensuring immediate rental income for the new owner. With a combined monthly rent totaling $2,400, this property offers a steady cash flow from day one. Convenience and reliability are paramount, as tenants enjoy the comfort of their own spaces while contributing to the property's profitability. Additionally, the yearly taxes amount to $5,573, offering a favorable financial outlook for potential buyers. Whether you're a seasoned investor or exploring your first venture into real estate, this property presents an attractive opportunity in a thriving rental market. Don't miss your chance to capitalize on this lucrative investment in Chicago Heights!

Full Features

Exterior Type:

Aluminum Siding

Basement:

None

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

100+ Years

Parking Type:

Space/s - None

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Acreage:

0.12

Taxes & Assessments

Tax Amount:

$5,573

Tax Year:

2022

Location

Zip Code:

60411

City:

Chicago Heights

County:

Cook

Schools

School District(s):

170, 206

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Realty One Group Excel

Listing Office Phone: 630.239.7400

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/16/2024 at 12:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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1227 Otto Boulevard is a multiple unit (2-4) currently listed at $169,000. 1227 Otto Boulevard features 6 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties since May 9th, 2024 and was built in 1912.