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$575,000
5,305
square ft

394 W Lincoln Highway
Chicago Heights, Illinois 60411

Active / MLS #12508697 / Multiple Family / Chicago Heights
Listing information updated 2/28/2026 at 5:43pm
Newly rehabbed 5 unit building with extremely strong rents! Boasting an 8.68% cap rate providing more than 10% cash on cash return, this is a strong turnkey investment. This building has been turned over and updated over the last year with new/refinished flooring through most of the apartments, fresh paint, new or freshened up cabinets, several updated bathrooms, several updated countertops, and exterior updates/repairs. Plenty of parking and large floorplans make this an easy to rent building.
Exterior Type:
Brick
Basement:
Finished
Water Front:
No
Square Feet:
5,305
Built:
1926
Cooling System:
Window Unit(s)
Stories:
2
Current Use:
Multi-Family
Zoning:
COMMR
Building Square Feet:
5,305
Current Net Income:
$49,934
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 3 bed(s) / 1 bath(s)
Unit 3:
5 room(s) / 3 bed(s) / 1 bath(s)
Tax Amount:
$15,107
Tax Year:
2023
Zip Code:
60411
City:
Chicago Heights
County:
Cook

Listing Office: eXp Realty

Listing Office Phone: 888.574.9405

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 2/28/2026 at 5:43pm. 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. Some listings have been excluded from this website.

$186,420
Average Sale Price
87
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 394 W Lincoln Highway, Chicago Heights, IL 60411
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394 W Lincoln Highway, Chicago Heights, IL 60411 is a multiple family currently listed at $575,000. This multiple family has been listed on @properties Christie's International Real Estate since October 31st, 2025 and was built in 1926.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
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