Multi-Family $ NaN

100 W 19th ST

Chicago Heights, IL 60411

  • 6 Beds
  • 1904 Year Built
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.
Listed by Michael Scanlon of eXp Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 12684000

    Style A-Frame

    Bedrooms 6

    Year Built 1904

    Annual Tax Amount $5,263

    Tax Year 2024

    Lot Dimensions 50X150

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Community Curbs, Sidewalks, Street Lights, Street Paved

    Zoning MULTI

  • Rooms

    Basement Unfinished, Full

  • Building

    Lot Description Landscaped

    Sewer Storm Sewer

    Water Lake Michigan

    Structure Type Aluminum Siding

    New Construction false

  • Interior

    Heating Natural Gas, Forced Air

    Fireplace N

  • Exterior

    Garage Spaces 2.0

    View Y/N true

    Roof Type Asphalt

  • Schools

    School District 170, 170, 206

  • Others

    Ownership Fee Simple

    Special Listing Condition None

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CONTACT

Michael Scanlon
Michael Scanlon

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