$ 380,000
-
$380,000
Price -
6
Bed -
4
Bath -
0
SqFt
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About the Listing 87488 - 895103,1011286
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.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Multi-Family
MLS ®
12684000
Year Built
1904
Total Square Footage
0
Lot/Acreage
50X150
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances: Multiple Water Heaters
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Lot Description: Landscaped
- Garage Capacity: 2 car
- Parking Spaces: 8
- Lot Dimensions: 50X150
- Zoning: MULTI
- Roof: Asphalt
- Others:
- Sewer: Storm Sewer
- Parking Features: No Garage,Yes,Garage Owned,Detached,Off Alley,Off Street,Owned,Garage
Financial Details
- Tax Amount: $5,264
- Taxes w/Assessments: N/A
- Tax/Property ID: 32292030030000
- Tax Year: 2024
Payment Calculator
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Questions About..
100 W 19th St Chicago Heights, IL 60411
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