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$ 309,873
Est. payment /mo
New
1529 Otto Boulevard Chicago Heights, IL 60411
5,056 SqFt
UPDATED:
01/31/2025 06:07 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,056 sqft
Price per Sqft $61
MLS Listing ID 12276733
Year Built 1904
Annual Tax Amount $9,292
Tax Year 2023
Lot Dimensions 25X88X26X79
Property Description
Complement your investment portfolio with this solid brick 8-unit apartment building, owned by a long-term owner. Featuring highly desirable, easy-to-rent all 1-bedroom 1 bath units, the property has long-term tenants and excellent rental potential. The full basement offers coin-operated laundry facilities and additional storage space, currently utilized by the owner. Key updates include a 5-year-old roof, a 6-year-old water heater, and low-maintenance vinyl windows throughout. Each unit also has individually controlled thermostat. With tenants responsible for their own electricity, this property presents a cost-efficient investment opportunity. Nestled in a prime location close to all major amenities, it's a must-see! Don't miss out on the chance to own this exceptional income-generating asset! (Please note that the price includes the buyer being responsible for completing any city-mandated sale inspection repairs.)
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Water to Site
View Y/N true
Roof Type Tar and Gravel
Building
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Domasik • RE/MAX 10 in the Park