1227 Otto Boulevard Chicago Heights, IL $ 169,000
1227 Otto Boulevard
$ 169,000
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1227 Otto Boulevard

Chicago Heights, IL, 60411
$ 169,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,123

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Multi-Family Home for sale in Chicago Heights, IL

for $169,000 with 6 bedrooms and 2 full baths. This home was built in 1912 on a lot size of 0.12.

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!

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Multi-Family Active

Price

$ 169,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,573

Style

Lot Size

0.12

Year Built

1912

Town/City

Chicago Heights

County/Region

Cook

MLS | Web ID

12052723

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Year Built 1912
Township Bloom
Tax Year 2022
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Active
Directions CHICAGO RD. TO 13TH ST. EAST TO OTTO NORTH TO 1227
City Chicago Heights
High School District 206
MLS Area Chicago Heights
Waterfront Y/N N
Street Name Otto
Tax Annual Amount 5573.34
Additional Parcels Y/N N
Days on Market 8
Standard Status Active
Middle/Junior School District 170
Elementary School District 170
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Interior
Basement None None
Street Suffix Boulevard
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features None
Water Source Public
Total Parking 2
Foundation Details Block
Lot Dimensions 5625
Lot Size Acres 0.12
Exterior Aluminum Siding
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* Excluded Features
List By
Realty One Group Excel

Broker

paulk@rogexcel.com;paulk@rogexcel.com

Email

Affordability Calculator

$1,588
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,123
Monthly Property Taxes
$464
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
564921 Elementary School
564614 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$169,000 Listed Price

Map


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1227 Otto Boulevard, Chicago Heights, IL, 60411 is a Multi-Family Home for sale at $169,000 with a lot size of 0.12. 1227 Otto Boulevard has 6 bedrooms, 2.0 baths, and was built in 1912. The property's zip code is 60411 which is in Chicago Heights, IL